Course Syllabus - download

Course Outline

UNIT 1

  • The basics: supply, demand, scarcity and opportunity costs. 
  • Macro and Micro worlds
  • The lens of economics/viewing the world as an economist

UNIT 2

  • Micro
  • Personal Finance
  • Saving vs. spending
  • Investments
  • Stock Market Game
  • Loans and Interest
  • Inflation
  • Unemployment
  • Importance of being selfish
  • Why being paranoid can be a good thing

UNIT 3

  • Politics and Economics
  • Theories on gov’t involvement: good, bad. 
  • How should gov’t be involved (if at all)
  • JM Keynes, Milton Friedman, Murray Rothbard
  • Looking at gov’t debt vs. savings
  • Gov’t involvement in regulations
  • The Fed. 
  • Funding of infrastructure and transportation projects

UNIT 4

  • Macro
  • Globalization: good vs. bad
  • Economic disparity: in the U.S.; in the World; by ethnicity; religion; gender/sex; age
  • How economics vary by culture: Scandinavian, German, Japanese, and American

UNIT 5

  • Advertising and selling
  • Analytics and the value of data
  • Corporations and their workers
  • Future world?
  • Company loyalty vs. nation-state loyalty
  • The ‘flat world’ of the 21st century