Introduction to Micro- and Macroeconomics I: History and Theories

This course presents an introductory analysis of how the economic aspects of our society operate. We begin with a brief examination of the development of human economic arrangements and how these developed into the kind of economy we have today. We then look at some of the historical development of how people thought that economic activity works and how they thought it should work. Then we go into an examination of the workings of markets and economic competition - what we call micro-economics - by examining some of the relevant theory as well as its embodiment in developments in the U.S. economy. Following that, we examine in much more detail the theory and some current issues involved in what we call macro-economics - the study of the workings of the national economy as a whole, with its concerns to explain such matters as the national rates of unemployment and price inflation, along with a study of the monetary and financial aspects of the economy and the promises and problems of gender from many different directions.

Contact: Yavus Yasar at yyasar@du.edu

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