We will examine how markets allocate scarce resources and how government policy affects efficiency and equity. Upon completion of the course, students will have gained a basic understanding of some core microeconomic concepts and methods of analysis. You should be able to read and understand the economics sections of publications such the Wall Street Journal, New York Times, or The Economist. Lectures will focus on the assigned reading material from the textbook. Students are expected to prepare all reading assignments prior to each class so that they can fully contribute.
Problem sets are due at the beginning of class on the specified day.
Late assignments will receive no credit. Students will make short presentations of their letter at the beginning of class throughout the term.