Please be advised that Govt 319 “Issues in Government and Politics: Money, Markets and Economic Policy” has been approved to fulfill the upper level Economics requirement. Any students registered for this course may submit a substitution/waiver form to OACS to have the course fulfill the upper level Econ requirement.
This course applies basic economic concepts and principles to an examination of fundamental issues facing the U.S. and global economies. We will explore the way markets work, the reasons they sometimes fail and the role of government policy. Topics include productivity and economic growth, taxes, health care, globalization, income distribution and financial crises, with an emphasis on market structure, social institutions and the not-always rational behavior of investors and consumers.
The course is aimed at non-economics majors seeking the economic literacy necessary to do their jobs, manage their lives, understand the flow of recent event and participate intelligently as citizens in a democracy. The aspiration of the course is to demystify complex economic ideas and policy choices and translate them into conversational English. There will be very little math involved, and the only prerequisites are a curious mind, an aptitude for critical thinking and a willingness to attend class and do the assigned reading.