Introduction to Economics
How can the basic concepts of economics help us improve the livelihoods of people in developing countries? The course serves as an introduction to micro- and macro- economics and development projects. Following the American advanced placement (AP) curriculum, students will learn to define concepts like opportunity costs, comparative advantage, market equilibrium, trade and unemployment, and apply these terms in analytical debate. Each of these concepts will be connected to a case study in development work. These include questions like: Do tariffs hurt or benefit industries in developing countries? What prevents the poor from accessing healthcare? How can we encourage ecologically sustainable development?
Language of instruction:
Form of education:
Twice/week; 60 minute sessions.
Interactive lessons in groups of 7-10 people
Applications are being collected for September - December
By the end of this course, students will know how to:
- Apply economic concepts, such as the free market, to address real-world problems
- Pose analytical questions and use evidence and statistics gathered from reputable sources to answer them
- Reflect critically on pressing economic issues around the globe, like the looming economic recession caused by the ongoing coronavirus pandemic