This course introduces students to the economic way of thinking. The purpose of the course is twofold. For those considering future coursework in economics, the main goal is to prepare you for the more rigorous intermediate-level courses. For everyone else, a course of this nature enables you to understand and critically evaluate economic arguments made in media.

The topics to be covered are supply and demand, elasticity, externalities, cost of production, perfect competition, monopoly, oligopoly. Games will be conducted during classes to deepen the understanding of economic concepts. 

Behavioral economics is a relatively young field, and firms have begun implementing it within the last decade. This course seeks to provide an overview of how behavioral economics is used to study decision-making in the corporate world. 

The topics to be discussed will include heuristics and biases, gift-exchange behavior, auction mechanism, discrimination in markets, nudge, gender economics, and charitable-giving.  The final project requires students to design their own behavioral projects in group.