ECON 101 examines the microeconomics of capitalism — the behavior of households and businesses, the generation of prices and outputs in markets, and applications to public policy. Specific topics in ECON 101 include: supply and demand; the differences between competition and monopoly; environmental problems and policies; labor markets; and international trade. ECON 101 is the first part of the two-term introduction to economics — the second part (ECON 102, for which ECON 101 is a prerequisite) examines macroeconomics.
Prerequisites for ECON 101: high school algebra and geometry and a willingness to use them.
The waitlist is managed according to standard departmental practice.
For textbook information, please visit the ECON Textbook Information Website. Information will be posted for each class as soon as it is available.