Visit Schedule Instructional Links SU's Department of Economics Course Description Economics 203, Economic Ideas and Issues, is an introduction to mainstream economic thought designed for students with a liberal arts interest. Beginning with the individual in the simplest of situations, a one-person society, the course moves step by step to develop a model of a complex society based on division of labor and exchange through markets. The process takes students from the microeconomic to the macroeconomic level, emphasizing the connection between these two perspectives.
Students examine the benefits, as well as the problems, inherent in a market-oriented economy.
The Subject and Method of Economics 2. An Analysis of a Simple Society and the Forces that Give Rise to Complexity 3. The NeoClassical General Competitive Equilibrium of a Complex Society - Exchange Under Perfect Competition 4. Conclusion of Our Analysis of the Microeconomic Model 6. Introduction to Macroeconomics 7.