ECON363

Formal models are an important way in which economists develop and communicate their arguments. This course builds on Introduction to Economic Inquiry, introducing students to the formal tools, models and methods from two major approaches to economic analysis. Students will explore theories that seek to explain the formation and meaning of prices, individual and firm decision-making, the mix of goods and services produced in the economy, and the distribution of income and wealth among the participants in a capitalist economy.

All Years

Fall and Spring