As a social science, economics goes beyond a collection of facts about the economy. The emphasis is on analysis, and this is based on economic models that abstract from many of the complexities of each situation. These models are expressed in graphical and mathematical forms, and this can make economics a difficult subject to master. Mastering the graphical and mathematical techniques of economic modeling. Applying economic concepts and models to real economic situations and to the analysis of government policy.
Economic analysis is partly mathematical.
Both books are published by Harcourt College Publishers, 2001. Other course readings may be distributed in class or on the course websites. 110M will be on the public site or on a private WebCT site open to registered students only. Class use of the WebCT site will be developed throughout the semester. Students at this University should be able to master the textbook material by careful study on their own.