Survey of the American economy focusing on markets, the price system, and resource allocation. Price determination in competitive and imperfectly-competitive markets. Applications in agricultural economics, legal prices, excise taxes, labor market issues, advertising, technological change, pollution and the environment, public goods, antitrust policy, international trade, and alternative economic systems. Requirement Designation: Ethics/Global Awareness.
Fall 2019, Spring 2019, Fall 2018, Spring 2018, Fall 2017