Pretty easy, overall.
A basic examination of the economy at the individual consumer, firm and market level. Simple economic models used to analyze the workings of the economy.
Topics include opportunity costs, gains from trade, efficiency and markets, non-competitive markets, game theory, the importance of free trade, the markets response to economic shocks and the effect of government intervention.
Hours per week:
Advice for students:
basic calculus and algebraic skills are necessary.