This is an introductory economics course. In this course, you will learn how the choices you make drive our economy as well as our daily lives. Topics will include:
- - Why choice is necessary;
- - How consumers and firms make choices;
- - How and why the government affects these choices;
- - Why individuals interact;
- - How an individual market works; Where the market may go awry.
Examples of specific topics are trade, pollution, taxes, competition and monopolies.
My hope is that by the end of this term, you will be able to see how economics is involved in everything around you.
Course Requirements:
Grades are based on five noncumulative quizzes, regular writing assignments and engagement across the course . Quizzes will be offered in-person. The first 4 will be offer in the evenings. The fifth will be offered during the Registrar's scheduled final exam time slot. See the course guide below for the exact schedule. Student are expected to plan their schedule accounting for these quizzes. There are no alternative times for the quizzes.
Intended Audience:
Everyone! Specifically, ECON 101 and 102 are required as prerequisites to an Economics major and to upper-level courses in Economics. ECON 101 is the first in the sequence (ECON 102 being the second). That said, algebra and basic geometry skills will be utilized on a regular basis, and will not be taught, in this course.
Class Format:
The class format consists of two weekly in-person lectures, and 1 weekly in-person discussion section session.