World Poverty: Spring 2022
An investigation into the causes and consequences of poverty, both in the United States and in developing countries. The available statistics and the economic explanations of poverty are surveyed. Contemporary debates over policies to reduce poverty are discussed, including issues of welfare, food and housing subsidies, foreign aid, famine relief, health, and education. The link between income distribution and economic growth is also discussed.
Principles of Microeconomics: 2019-2021
This course introduces students to the fundamentals of microeconomics, the branch of economics that examines the behavior of individual decision-makers, such as consumers and business firms. Students learn how to perform supply and demand analysis to examine the impact of economic events on markets; recognize market failure and the role of government in dealing with those failures; analyze the behavior of consumers in terms of the demand for products; evaluate the factors affecting firm behavior, such as production and costs; analyze the performance of firms under different market structures; and analyze the role the government can play in addressing income inequality.