Rajaram Krishnan Welcome, to ECON 0011, an introductory course in Economics. My Office Hours are on Mondays 10 a.m. My Office is at Tyler 203. The aim of the course is to give the student a clear understanding of the basic concepts used in the analysis of market economies, and the ability to apply the concepts in the understanding of everyday economic phenomena. The course will deal with the micro and macro aspects of economic analysis.
Microeconomic analysis attempts to understand the working of markets.
Macroeconomics deals with the working of the economy at an aggregate level. Be prepared to learn about gross domestic product, inflation, unemployment rates, economic growth, fiscal policy, and monetary policy among other things. This part of the course will be very relevant in understanding real world economic issues. In addition to micro and macro economic analysis, I will deal with issues related to Globalization, and, with what I call The Economics of Personal Finance. The Globalization part will deal with issues related to international trade.