Syllabus Information |
Winter 2023
Dec 21,2024 |
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| ECON 200 - Principles of Economics: Introduction to Economics |
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Associated Term:
Winter 2023
Learning Objectives: Upon successful completion of this course, the student will be able to: 1. Apply analytical skills to social phenomena in order to understand human behavior: Identify universal scarcity and the resulting opportunity costs that impact human behavior. Relate this to problems of a market economy, supply and demand, price controls, business cycles and much more 2. Apply knowledge and experience to foster personal growth and better appreciate the diverse social world in which we live: Analyze what it means to think "economically" and how that results in divergent and sometimes contradictory policy dependent upon the social context and parameters within which issues arise. Begin to learn to apply these economic methodology on an individual as well as societal basis 3. Understand the role of individuals and institutions within the context of society: Course will alternately examine the micro and macroeconomic impact of markets and the driving forces within them. Producers and consumers of varied scales within the public and private sectors will be examined 4. Assess different theories and concepts, and understand the distinctions between empirical and other methods of inquiry: Examine, identify and assess economic theories and approaches from the perspectives of liberal and conservative ideologies. Delve into the philosophical and logical realms of normative vs. positive, correlation vs. causation, post hoc ergo proctor hoc fallacies, fallacies of composition and other potential pitfalls to clear and reasoned thinking 5. Utilize appropriate information literacy skills in written and oral communication: Weekly in class and/or online forum discussions and required graded written analysis of a wide range of relevant topics is designed and intended to hone communication skills 6. Understand the diversity of human experience and thought, individually and collectively: Examine the historic origins of current schools of economic thought as well as the origins and evolution of current economic systems. Be familiar with the processes by which individuals and peoples change within an economic context over time 7. Apply knowledge and skills to contemporary problems and issues: Consider economic case studies of current economic and socio-economic problems and dilemmas, Identify potential opportunities for positive change within current economic frameworks as well as consider future economic issues and how to resolve them by means of fundamental economic tools and strategies acquired throughout the course of the term Required Materials: Technical Requirements: |
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