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ECON 240

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    Background Knowledge Expected

    Lots of Writing


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    • Profile picture
    Apr 12, 2017
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    Abstraction and simplification: You see any problem as having multiple smaller components, like the cogs and wheels to a malfunctioning machine. This microeconomic perspective allows you to solve any large problem easily: it’s like lubricating a gear to get the whole machine to work. Innovation: Discovering the problem can take a bit of creative thinking, as may crafting the solution for that problem. Analytical skills: In economics and otherwise, you’ll know exactly what to look at when making a choice, and this will help you arrive at the best possible outcome to maximise your welfare. Your best friend may have told you they loved Frosted Flakes, but does that mean you should buy them too? It is only one person, after all, and it doesn’t amount to a general consensus. Comfort with Numbers: You’ll be at home with numbers so you can easily pick apart anything suspicious the data tells you. Economic Awareness: You’ll develop a deeper appreciation and understanding of how the world works when interpreting it through an economic lens. Bragging Rights!: Not everyone is as lucky or smart to complete an economics degree at university.

    Course highlights:

    Analyse and evaluate economics concepts based on your knowledge of economic theory and critical evaluation skills that your degree will develop. You will develop an understanding of how economic policy is formulated in the context of contemporary economic events. The subject specific skills from this programme of study, will allow students to engage in abstraction, analysis and deduction.

    Hours per week:

    6-8 hours

    Advice for students:

    My first advice to students is always that they should follow their own motivation. That is, in my view, the key to success for the students and the main driver for scientific progress: only motivated researchers will make a difference, in academia and in society. But of course environment and development economics is a good choice: it is very relevant and intellectually challenging. Alleviating poverty and preserving a balance between the human sphere and the natural environment are the major issues of our world. The parts of the world that are still developing are also the parts of the world where important choices will be made on preserving this balance. This makes the field very relevant.

    • Spring 2017
    • tom allen
    • Math-heavy Background Knowledge Expected Lots of Writing

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