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ECON 1: Principles of Economics

The economic way of thinking and the functioning of a modern market economy. The behavior of consumers and firms. Markets for goods and inputs. Analysis of macroeconomic variables: output, employment, inflation, interest rate. Determination of long-run growth and short-term fluctuations. The role of government: regulation, monetary, and fiscal policy.
Terms: Aut, Win, Spr, Sum | Units: 5 | UG Reqs: GER:DB-SocSci, WAY-SI | Grading: Letter or Credit/No Credit

ECON 1V: Principles of Economics

The economic way of thinking and the functioning of a modern market economy. The behavior of consumers and firms. Markets for goods and inputs. Analysis of macroeconomic variables: output, employment, inflation, interest rate. Determination of long-run growth and short-term fluctuations. The role of government: regulation, monetary, and fiscal policy.
Terms: not given this year | Units: 5 | UG Reqs: GER:DB-SocSci, WAY-SI | Grading: Letter or Credit/No Credit

ECON 143: Finance and Society for non-MBAs (PUBLPOL 143)

This interdisciplinary course will discuss the role of the financial system in the economy and its interactions with different parts of society. The course will introduce basic finance concepts, cover the basic economic principles essential for understanding the role of finance in the economy, provide an overview of the different institutions in the system, and discuss of policy issues around financial regulation. Topics to be discussed include: the basics of financial decisions and markets; from micro finance to global mega-banks: how and why finance can benefit society as well as endanger and harm; financial regulation: why and how; other people¿s money: the challenge of effective control, governance, and trust; the politics of banking and finance. Prerequisite: Econ 1
Terms: not given this year | Units: 4 | Grading: Letter or Credit/No Credit
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