Course Details
ECON 111: Principles of Microeconomics
This course gives the students a foundation in the general principles of economics as a basis for effective citizenship and, when combined with 110, as a preparation for all advanced study in economics. Topics include consumer choice theory; the formation of prices under competition, monopoly, and other market structures; the determination of wages, profits, and income from capital; the distribution of income; and an analysis of policy directed towards problems of public finance, pollution, natural resources, and public goods.
6 credits; SI, QRE; Offered Fall 2019, Winter 2020, Spring 2020; P. Seneviratne, J. Lafky, M. Kanazawa, N. Grawe, A. Swoboda
ECON 111: Principles of Microeconomics With Problem Solving
This course gives the students a foundation in the general principles of economics as a basis for effective citizenship and, when combined with 110, as a preparation for all advanced study in economics. Topics include consumer choice theory; the formation of prices under competition, monopoly, and other market structures; the determination of wages, profits, and income from capital; the distribution of income; and an analysis of policy directed towards problems of public finance, pollution, natural resources, and public goods. The four-day meeting schedule allows students to engage in collaborative problem solving in the classroom setting.
6 credits; SI, QRE; Not offered 2019-2020