API 5100 Economics of Public and International Affairs
3 units
Public and International Affairs
Faculty of Social Sciences
The foundations of macroeconomics and microeconomics. Topics covered in microeconomics include: the consumer and the firm; supply; demand and the role of prices; competition and the invisible hand; public goods and externalities; transaction costs and property rights; income distribution and the tax system; free trade. Topics covered in macroeconomics include: unemployment, inflation and the monetary system; fiscal and monetary policy; growth, development, and living standards.
Components:
Seminar
Previously Offered Terms:
Fall
French Equivalent: