Courses in Economics (Division 358)

Fall Term, 1998 (September 8-December 21, 1998)

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A. Introductory Courses

101. Principles of Economics I. No credit granted to those who have completed or are enrolled in 400. (4). (SS). (QR/2).
Economics 101 examines the microeconomics of capitalism - the behavior of households and businesses and the generation of prices and outputs in markets. Specific topics in Economics 101 include: supply and demand; price controls; competition and efficiency; the differences between competition and monopoly; labor markets; environmental problems and policies; and government taxation and expenditure issues. Economics 101 is the first part of the two-term introduction to economics - the second part (Economics 102, for which Economics 101 is a prerequisite) examines macroeconomics. Prerequisites for 101: high school algebra and geometry and a willingness to use them. The course format consists of large lectures taught by the professor and one small one-and-a-half-hour section meeting per week taught by a graduate student instructor. Cost:2 WL:1 (Gerson, Bogart, Malone)

Section 300 only. Economics 101 examines the microeconomics of capitalism - the behavior of households and businesses and the generation of prices and outputs in markets. Specific topics in Economics 101 include: supply and demand; the differences between competition and monopoly; labor markets and discrimination; the distribution of incomes; environmental issues; and government taxation and expenditure. The course format consists of three large one-hour lectures per week taught by the professor and one small one-and-a-half-hour section meeting per week taught by a graduate student instructor. Final grades will be based on: two hour tests (total of 40%); four UNANNOUNCED quizzes given during section meetings (10%); weekly homework assignments that will be collected, graded, and discussed in the section meetings (10%); and the final exam (40%). NOTE the DATES and TIMES of the two hour tests and the final exam in the TIME SCHEDULE, and BE SURE that you can attend all three. Cost:2 (Porter)
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