With a focus on the fundamental economic problem of scarcity,
this course will prepare students to be effective decision makers.
The course focuses on the economic way of thinking that enables
individuals to decide how to best allocate their time, to decide
whether to spend their money or save it, and to understand the
primary statistics used to measure the well-being of an economy. As
a result of this course, students will acquire the critical
thinking skills that are not only essential to making everyday
choices but in making major life decisions such as choosing a
career or choosing a life partner. Prerequisite: Second semester
Prerequisite: Second semester freshman standing.