ECON 2 Economic Principles and Policies
This is a general survey course for students who have had no previous college level economics and who do not plan to take further economics courses. It is divided between microeconomic concepts-supply and demand, labor and capital markets, tax incidence, comparative advantage, international trade, and benefit-cost analysis-and macroeconomic issues such as economic growth, unemployment inflation, national income and product accounting, the banking system, and monetary and fiscal policy. Applications to current policy issues will be emphasized throughout. ECON 2 may be taken under the Non-Recording Option (NRO). It does not count towards the major or minor.
Instructor
Blanchflower
Prerequisite
Students who have previously taken ECON 1 or who have been exempted from ECON 1 at matriculation may not enroll in ECON 2. Completion of ECON 2 does not, however, preclude subsequent enrollment in ECON 1.