ECON-166 Economic Theory and Evidence
An introduction to how economists develop and test theory, with a special emphasis on theory explaining the causes and consequences of inequality. The basic concepts of probability and statistics are taught in addition to theories of the labor market, inflation/unemployment tradeoffs, impact of fiscal and monetary policy, externalities, public goods, and international trade. Department (Fall), Department (Spring).
Standard Course (40)
Credits
1
Prerequisite
Econ 100
Offered
Fall, Spring
Notes
Not open to seniors or students who have taken Math 152 or Math 252 or Math 253 or Math 254 or Math 352. Students who have taken Govt 230 may not register for Econ 166 without permission of the instructor.