Economics is the study of choice under conditions of
scarcity. The study of Economics should help you to better understand your world – whether it’s major world
news that affects everyone or minor choices that you make every day that only
affect you. In this course we will focus on the choices of individuals and
firms, the allocation of resources in society, and the dynamics of
markets. The course will provide you
with an introduction into the economic way of thinking, the cost benefit
approach to decisions, and will develop your ability to think analytically
about forces at work in the choices of individuals, firms, and society. You will learn both a specific set of
analytical tools and important economic theories.
- Teacher: Sorin Cruceru