HS 372B — Economic Theory and Social Policy

Introduces concepts of economics that can be applied in analyzing and evaluating social policies. By the end of this course, you will be more literate in fundamental economic principles for consumer demand, producer decisions, market equilibrium, workers’ choices about labor force participation and job choice, and demand and supply of collective goods. You will better understand the limits of economic theory and free markets, as well as the context and consequences of government and nonprofit intervention in the economy. Usually offered every year.