Spring 2024

An Introduction to Economics

Listed in: Economics, as ECON-111

Faculty

Daniel P. Barbezat (Sections 04 and 05F)
Jakina Debnam Guzman (Sections 01 and 01F)
Adam D. Honig (Sections 02 and 02F)
Christopher G. Kingston (Sections 03, 03F and 04F)

Description

An introduction to the core ideas economists use to understand the U.S. and world economy.  Every day, people use their time, talent and energy to produce, sell, buy and consume a bewildering variety of goods and services.  How are all these activities organized and connected?  How do societies decide what gets produced now, and how much to invest for the future?  Why do some people, and some groups, earn more than others, and how can the economy be made more equitable?  Why are some countries so much richer than others, and what might poor countries do to ‘catch up’?  What effect does international trade have on workers, consumers, and firms, both in the U.S. and overseas?  What can be done to mitigate the harmful effects of economic activity on the natural environment?  What role does government play in organizing economic activity?  Economics is the study of these and many other related questions.  We study both microeconomics, which looks at the role of consumers, markets, firms, and governments in determining how our society allocates its scarce resources; and macroeconomics, which addresses the economy as a whole, especially issues related to output, unemployment, productivity, and inflation.

Limited to 25 students per section. Fall and spring semesters. The Department.

How to handle overenrollment: Drop students who do not attend the first class and admit students from a waiting list.

Students who enroll in this course will likely encounter and be expected to engage in the following intellectual skills, modes of learning, and assessment: Quantitative reasoning; modes of learning and assessment include readings, lectures, problem sets, in-class quizzes, exams, short paper, graphical analysis, group discussion.

ECON 111 - LEC

Section 01
Tu 11:30 AM - 12:50 PM CHAP 201
Th 11:30 AM - 12:50 PM CHAP 201

Section 02
Tu 1:00 PM - 2:20 PM SMUD 205
Th 1:00 PM - 2:20 PM SMUD 205

Section 03
M 8:30 AM - 9:50 AM CHAP 201
W 8:30 AM - 9:50 AM CHAP 201

Section 04
M 12:30 PM - 1:50 PM CONV 308
W 12:30 PM - 1:50 PM CONV 308

ECON 111 - DIS

Section 01F
F 10:00 AM - 10:50 AM CHAP 201

Section 02F
F 11:00 AM - 11:50 AM SCCE E110

Section 03F
F 9:00 AM - 9:50 AM CONV 308

Section 04F
F 10:00 AM - 10:50 AM CONV 308

Section 05F
F 11:00 AM - 11:50 AM CONV 207

This is preliminary information about books for this course. Please contact your instructor or the Academic Coordinator for the department, before attempting to purchase these books.

Section(s) ISBN Title Publisher Author(s) Comment Book Store Price
01 Principles of Economics: A Streamlined Approach, 3rd or 4th ed McGraw Hill, 2016/2021 Frank, et al TBD
02 Principles of Economics: A Streamlined Approach, 3rd edition McGraw Hill, 2017 Frank, Bernanke, Antonovics, and Heffetz TBD
03 Principles of Economics: A Streamlined Approach McGraw Hill Frank, et al Comment: TBD

Offerings

Other years: Offered in Fall 2011, Spring 2012, Fall 2012, Spring 2013, Fall 2013, Spring 2014, Fall 2014, Spring 2015, Fall 2015, Spring 2016, Fall 2016, Spring 2017, Fall 2017, Spring 2018, Fall 2018, Spring 2019, Fall 2019, Spring 2020, Fall 2020, Spring 2021, Fall 2021, Spring 2022, Fall 2022, Spring 2023, Fall 2023, Fall 2024, Spring 2025