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Institution:
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Harvard University
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Subject:
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Description:
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Introduction to economic issues and basic principles and methods of economics. Fall term focuses on microeconomics: how markets work, market efficiency and market failure, firm and consumer behavior, and policy issues such as taxation, international trade, the environment, and the distribution of income. Spring term focuses on macroeconomics: economic growth, inflation, unemployment, the business cycle, the financial system, international capital flows and trade imbalances, and the impact of monetary and fiscal policy.
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Credits:
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8.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(617) 495-1000
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Regional Accreditation:
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New England Association of Schools and Colleges
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Calendar System:
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Semester
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