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ECON 101-01, Introduction to Economics, Fall 2007
Simmons, Sarah M.
Simmons, Sarah M.
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Syllabus, Curriculum, Economics, Department of, Academic departments, Text, 2007 Fall
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Abstract
Welcome to ECON 101, the microeconomics portion of the introductory economics series at Rhodes. While the
basic principles of microeconomics are most famously used by economists in the academic world, finance, and
public policy, the “economic way of thinking” can be successfully employed by anyone. Economics has applications
far beyond the stock market and tax policy. Like other social scientists, economists aim to explain human behavior
but within a unique framework using special tools. In this course you will start building an economist’s toolkit that
will allow you to study homo economicus, rightly understood. Specific topics of this course include demand for
goods and services, production and supply of the same, trade, market failures, resource allocation, and income
distribution.
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This syllabus was submitted to the Rhodes College Office of Academic Affairs by the course instructor.