In this course, students will learn to apply an analytical approach to the study of how individuals and societies deal with the fundamental problem of scarce resources. This approach is applied to everyday decisions faced by individuals as they try to maximize their utility, to businesses that try to maximize profits and to the whole of society as it attempts to use its resources efficiently. The final is mandatory.
Exams are subject to change.
One week's notice will be given prior to each exam. If you miss two exams you will fail the course. They can only help your grade. If you are having trouble understanding the assignments or the book or class, please stop by my office or email me for extra help. The department will also provide a tutor.