Introduction to Economics
Is capitalism the best economic system for meeting human needs? Can microeconomic theory help us figure out what to do about climate change? Will macroeconomic theory get us out of the recession? In this course, we will use these questions to frame the study of our economic system and the theories most often used to explain its workings. In the first part of the class, we will assess the merits and problems of capitalism as a system for producing and distributing goods and services.