A study of the central problem of scarcity and of the ways in which the U.S. economic system allocates scarce resources among competing ends and apportions the goods produced among people.
Requisite for all other courses in economics.
Two 80-minute and one 50-minute lecture/discussion per week. Each section is limited to 25 Amherst College students. Fall semester: Professors Baisa, Ishii, Rabinovich, Singh, and Westhoff.
Two 80-minute and one 50-minute lecture/discussion per week. Each section is limited to 30 Amherst College students. Spring semester. Professors Barbezat, Rabinovich and Singh.
If Overenrolled: Drop students who do not attend the first two classes and admit students from a waiting list.