Write a concise and interesting paragraph here that explains what this course is about
- Editing Teacher: Jessica Andrews
This course introduces students to the nature of economics and attempts to show how the many actions and decisions made by the various players in the economy impact our lives. Consumers, firms and governments in our local and domestic economy are the major players examined. The effects of the foreign sector, i.e. trade, will also be looked at.
Economic models presented:
1. Production possibilities
2. Demand, supply and market equilibrium
3. Applications of demand and supply
4. Elasticity and its many uses
5. Government policy and how it influences the market: taxes [i.e. who pays the tax ???...!!!!]; price and quantity controls [i.e. minimum/living wages and employment]; welfare effects of government policy on consumers and firms
6. Theory of the consumer: total and marginal utility; prices consumers pay and quantities bought
7. Theory of the firm: cost and production theory
b. market structures - competition, monopoly, oligopoly and other imperfect market structures
8. Trade and its effects on local markets, consumers and firms
Economic models presented:
1. Production possibilities
2. Demand, supply and market equilibrium
3. Applications of demand and supply
4. Elasticity and its many uses
5. Government policy and how it influences the market: taxes [i.e. who pays the tax ???...!!!!]; price and quantity controls [i.e. minimum/living wages and employment]; welfare effects of government policy on consumers and firms
6. Theory of the consumer: total and marginal utility; prices consumers pay and quantities bought
7. Theory of the firm: cost and production theory
b. market structures - competition, monopoly, oligopoly and other imperfect market structures
8. Trade and its effects on local markets, consumers and firms
This course, based on lectures and class discussions, will enable students to identify the key concepts in economics and the main measures of economic activity. Students will learn how the market system functions and will explore the role of government policies which attempt to stabilize the economy. The course will examine the role of money and financial institutions in the domestic economy and on the international stage.
Economic models/topics presented:
1- Economic way of thinking and 10 commands
2- Production possibility curves
3- Demand, supply and market equilibrium
4- Economic Indicators: Unemployment and Inflation
5- Determining National Income and GDP
6- Keynesian Model of Aggregate Expenditure
7- Public goods, Fiscal Policy and economic stabilization
8- Money, money creation and financial institutions
9- Monetary Policy and economic stabilization
Write a concise and interesting paragraph here that explains what this course is about
Economic models/topics presented:
1- Economic way of thinking and 10 commands
2- Production possibility curves
3- Demand, supply and market equilibrium
4- Economic Indicators: Unemployment and Inflation
5- Determining National Income and GDP
6- Keynesian Model of Aggregate Expenditure
7- Public goods, Fiscal Policy and economic stabilization
8- Money, money creation and financial institutions
9- Monetary Policy and economic stabilization
Write a concise and interesting paragraph here that explains what this course is about
- Editing Teacher: Niloufar Entekhabi
This course, based on lectures and class discussions, will enable students to identify the key concepts in economics and the main measures of economic activity. Students will learn how the market system functions and will explore the role of government policies which attempt to stabilize the economy. The course will examine the role of money and financial institutions in the domestic economy and on the international stage.
Economic models/topics presented:
1. Economic way of thinking and 10 commands
2. Production possibility curves
3. Demand, supply and market equilibrium
4. Economic Indicators: Unemployment and Inflation
5. Determining National Income and GDP
6. Keynesian Model of Aggregate Expenditure
7. Public goods, Fiscal Policy and economic stabilization
8. Money, money creation and financial institutions
9. Monetary Policy and economic stabilization
Economic models/topics presented:
1. Economic way of thinking and 10 commands
2. Production possibility curves
3. Demand, supply and market equilibrium
4. Economic Indicators: Unemployment and Inflation
5. Determining National Income and GDP
6. Keynesian Model of Aggregate Expenditure
7. Public goods, Fiscal Policy and economic stabilization
8. Money, money creation and financial institutions
9. Monetary Policy and economic stabilization
- Editing Teacher: Niloufar Entekhabi
This course, based on lectures and class discussions, will enable students to identify the key concepts in economics and the main measures of economic activity. Students will learn how the market system functions and will explore the role of government policies which attempt to stabilize the economy. The course will examine the role of money and financial institutions in the domestic economy and on the international stage.
Economic models/topics presented:
1. Economic way of thinking and 10 commands
2. Production possibility curves
3. Demand, supply and market equilibrium
4. Economic Indicators: Unemployment and Inflation
5. Determining National Income and GDP
6. Keynesian Model of Aggregate Expenditure
7. Public goods, Fiscal Policy and economic stabilization
8. Money, money creation and financial institutions
9. Monetary Policy and economic stabilization
Economic models/topics presented:
1. Economic way of thinking and 10 commands
2. Production possibility curves
3. Demand, supply and market equilibrium
4. Economic Indicators: Unemployment and Inflation
5. Determining National Income and GDP
6. Keynesian Model of Aggregate Expenditure
7. Public goods, Fiscal Policy and economic stabilization
8. Money, money creation and financial institutions
9. Monetary Policy and economic stabilization
- Editing Teacher: Niloufar Entekhabi
This course, based on lectures and class discussions, will enable students to identify the key concepts in economics and the main measures of economic activity. Students will learn how the market system functions and will explore the role of government policies which attempt to stabilize the economy. The course will examine the role of money and financial institutions in the domestic economy and on the international stage.
Economic models/topics presented:
1. Economic way of thinking and 10 commands
2. Production possibility curves
3. Demand, supply and market equilibrium
4. Economic Indicators: Unemployment and Inflation
5. Determining National Income and GDP
6. Keynesian Model of Aggregate Expenditure
7. Public goods, Fiscal Policy and economic stabilization
8. Money, money creation and financial institutions
9. Monetary Policy and economic stabilization
Economic models/topics presented:
1. Economic way of thinking and 10 commands
2. Production possibility curves
3. Demand, supply and market equilibrium
4. Economic Indicators: Unemployment and Inflation
5. Determining National Income and GDP
6. Keynesian Model of Aggregate Expenditure
7. Public goods, Fiscal Policy and economic stabilization
8. Money, money creation and financial institutions
9. Monetary Policy and economic stabilization
- Editing Teacher: Niloufar Entekhabi
Write a concise and interesting paragraph here that explains what this course is about
- Editing Teacher: Ryan Adams
Write a concise and interesting paragraph here that explains what this course is about
- Editing Teacher: Ryan Adams
Write a concise and interesting paragraph here that explains what this course is about
- Editing Teacher: Maria Da Palma
This course introduces students to the nature of economics and attempts to show how the many actions and decisions made by the various players in the economy impact our lives. Consumers, firms and governments in our local and domestic economy are the major players examined. The effects of the foreign sector, i.e. trade, will also be looked at.
Economic models presented:
1. Production possibilities
2. Demand, supply and market equilibrium
3. Applications of demand and supply
4. Elasticity and its many uses
5. Government policy and how it influences the market: taxes [i.e. who pays the tax ???...!!!!]; price and quantity controls [i.e. minimum/living wages and employment]; welfare effects of government policy on consumers and firms
6. Theory of the consumer: total and marginal utility; prices consumers pay and quantities bought
7. Theory of the firm: cost and production theory
b. market structures - competition, monopoly, oligopoly and other imperfect market structures
8. Trade and its effects on local markets, consumers and firms
Economic models presented:
1. Production possibilities
2. Demand, supply and market equilibrium
3. Applications of demand and supply
4. Elasticity and its many uses
5. Government policy and how it influences the market: taxes [i.e. who pays the tax ???...!!!!]; price and quantity controls [i.e. minimum/living wages and employment]; welfare effects of government policy on consumers and firms
6. Theory of the consumer: total and marginal utility; prices consumers pay and quantities bought
7. Theory of the firm: cost and production theory
b. market structures - competition, monopoly, oligopoly and other imperfect market structures
8. Trade and its effects on local markets, consumers and firms
- Editing Teacher: Maria Da Palma
Write a concise and interesting paragraph here that explains what this course is about
- Editing Teacher: Ryan Adams
Write a concise and interesting paragraph here that explains what this course is about
- Editing Teacher: Ryan Adams
Write a concise and interesting paragraph here that explains what this course is about
- Editing Teacher: Ryan Adams