Applied Economics in Global Contexts

Catalog description

An introduction to basic economics with emphasis on global contexts, this course combines economic studies with readings on contexts, examples, and applications. Scarcity, markets, market failures, monopolies, inflation, subsidies, famine, and growth are among the basic economic issues students will study. Examples from different countries will be used to further theoretical and practical understanding. Different economic policy approaches will also be presented. This approach relies on less math background although students will engage with economic models and economic thinking, and be able to participate in discussions about economic and business policies. Learning goals include a good grasp of basic economic terms and models of analysis, engagement with economics in the workplace, connecting to economics as a field, and understanding the global contexts of economic policy making. No prerequisites are required however a previous course in Global and Regional Studies is strongly recommended. All readings will be available through the course site. All classes are asynchronous; any synchronous sessions are optional.