Pretty easy, overall.
Economic statistics are used every day to justify national policy decisions, and to be an informed citizen, you need to know what the numbers mean. The unemployment rate, for example, is different than the underemployment rate (which counts people who are working part-time but wish to be employed full-time, and those who have given up looking for a job), and both numbers are higher for millennials than for the population at large (16% unemployment for millennials + 1.7 million who have given up vs. 7.6% overall unemployment + 4.3 million who have given up). The Gallup organization continues to report that the economy is the public’s “most important problem," and only 29% of Americans now say the country is on the right track. Without knowing how the economy is or isn’t working, however, it’s hard to see how Americans can demand that policy makers take the necessary actions to restore the U.S. economy to full employment.
Stanford Summer continues to expand online offerings and will offer a reprise of our first online summer course: Econ 1V: Principles of Economics will be available for Summer 2015 and is open to both current Stanford and visiting summer students. The course meets the WAYS/GER and all other requirements met by the on-campus version of Econ 1. Enroll in Axess today. The course will be taught by world-renowned economist Professor John B. Taylor. Professor Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow in Economics at the Hoover Institution. He is Director of the Stanford Introductory Economics Center. He formerly served as director of the Stanford Institute for Economic Policy Research, where he is now a senior fellow. For more information about Professor Taylor, visit his website at www.johnbtaylor.com.
Hours per week:
Advice for students:
they should believe in there self and determine to succeed in this course