ECON-1006Introduction to Economics
Different economic systems exist around the world. Students will learn about the differences between these systems, and then will focus on the free market system, including its strengths and shortcomings. Various models, theories and economic indicators used by economists will be reviewed and interpreted. The impact of international trade agreements and of government interventions in an economy will be analyzed. Course readings will explore the role of information technology in modern economies. Students will have frequent opportunities to discuss these ideas with classmates and to relate theories to current economic events.