
First-Year Courses in Economics
Consult the new Course Guide at: http://www.lsa.umich.edu/lsa/cg_subjectlist/0,2030,8,00.html?show=20&termArray=f_04_1510&cgtype=ug
This page was created at 1:08 PM on Wed, May 5, 2004.
ECON 101. Principles of Economics I.
Introductory Courses
Section 100.
Prerequisites & Distribution: High school algebra and geometry. (4). (SS). (QR/2). May not be repeated for credit. No credit granted to those who have completed or are enrolled in ECON 400.
Credits: (4; 3 in the half-term).
Course Homepage: No homepage submitted.
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 course format consists of 3 lectures and 1 discussion section per week.
Textbooks:
Prin of Micro 3rd EdTaylor
Econ of Public Issues 13th EdMiller
ECON 101. Principles of Economics I.
Introductory Courses
Section 200.
Prerequisites & Distribution: High school algebra and geometry. (4). (SS). (QR/2). May not be repeated for credit. No credit granted to those who have completed or are enrolled in ECON 400.
Credits: (4; 3 in the half-term).
Course Homepage: No homepage submitted.
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.
The course format consists of 3 lectures and 1 discussion section per week.
Texts:
- Taylor, Principles of Microeconomics
- Miller, Economics of Public Issues
ECON 101. Principles of Economics I.
Introductory Courses
Section 300.
Instructor(s):
Prerequisites & Distribution: High school algebra and geometry. (4). (SS). (QR/2). May not be repeated for credit. No credit granted to those who have completed or are enrolled in ECON 400.
Credits: (4; 3 in the half-term).
Course Homepage: No homepage submitted.
ECON 101 examines the microeconomics of capitalism — the behavior of households and businesses and the generation of prices and outputs in markets. Specific topics in ECON 101 include: supply and demand; the differences between competition and monopoly; labor markets and discrimination; the distribution of incomes and poverty; environmental problems and policies; and government taxation and expenditure issues.
ECON 108. Introductory Microeconomics Workshop.
Introductory Courses
Section 001.
Prerequisites & Distribution: First-year standing and concurrent enrollment in ECON 101. (1). (SS). May not be repeated for credit. Offered mandatory credit/no credit.
Credits: (1).
Course Homepage: No homepage submitted.
Course meets weekly for discussion of current Wall Street Journal articles related to the week's ECON 101 topics, stressing the use and application of the microeconomic tools being learned in ECON 101.
Students will select a topic, open the discussion on their week's topic, keep a journal throughout the term on their topic and summarize their findings at the end of the term in a brief (2 page max) paper. This paper and journal will be turned in at the end of the term.
Workshop attendance is mandatory, and each student will be required to subscribe to the Wall Street Journal for the term. Evaluation of students will be entirely on the basis of their paper, journal, and attendance. Students who are not concurrently enrolled in ECON 101 will not get credit for ECON 108.
Contact Jan Gerson for additional information about ECON 108.

Consult the new Course Guide at: http://www.lsa.umich.edu/lsa/cg_subjectlist/0,2030,8,00.html?show=20&termArray=f_04_1510&cgtype=ug
This page was created at 1:08 PM on Wed, May 5, 2004.

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