H423 | Honors | Intro to Economics: Thinking Like An Economist Honors
Course Description
If you've ever thought: there's something missing from my understanding of current events, history, psychology, the future‚... it may be economics! In this introductory microeconomics class, you will learn the basic tools of economic analysis, and apply them first to problem sets, and then to the potential outcomes of rent control, economic forces on local, Cambridge businesses, and how to account for what you really give up when you make a choice. You will understand how to measure the positive and negative economic effects of your decisions on others (externalities), the complexities of tax and subsidy policies, how frequently price elasticity of demand defines our daily choices, and the relationships of supply and demand in managing scarce resources. Charts and graphs are made friendly for the math-averse. We will be visited by a Harvard Ec10 professor who, along with her students, will teach us what they are learning down the street. No matter where you are headed - a life in the arts, business, politics, education, anywhere - a basic economics education will give you a language and tools to turn challenges into opportunities!
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State ID#: 4202 Department: History and Social Science Grade Level:10, 11, 12 Credits: 10.0 Alternate Credits: Pre/Co-Requisites: Critical Issues in US History or AP US History. |
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