Mt. Hood near Cairn Basin, Sarah Klain '03
Mt. Hood near Cairn Basin, Sarah Klain '03

This course will familiarize students with the fundamental question of economics: how to allocate scarce resources among competing ends. The first part of the course focuses on microeconomics—the field of economics that analyzes the behavior of consumers, firms and markets. The second part of the course is an introduction to macroeconomics—the study of the economy as a whole.