This course presents an overview of the principles of theeconomics of scarcity and choice; supply and demand; output and price. It utilizes marginal analysis as well as theories of the firm. It considers the market system in terms of both its virtues and vices. It focuses especially on the distribution of income and the labor market of the United States but also includes a section on the stock and bond markets. In addition, it covers the role of government in the economy.
Course Code: SS 334