May 19, 2024  
APU 2015-2016 Academic Catalog 
    
APU 2015-2016 Academic Catalog [ARCHIVED CATALOG]

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BAM 21600 - Survey of Economics


(4) The study of individual decision making (households, firms, and other organizations) and how markets mediate and aggregate such decisions. Issues addressed will include the determination of prices, incomes, and methods of production. Particular attention will be focused on “market failures” where individual self-interested decisions can lead to perverse results (e.g., pollution, congestion, under-provision of socially desirable goods). The consequences of government policies will be explored. Satisfies the Social/Behavioral Science GUR. Prerequisite: BAM 10500  or MT 10100 . Offered Fall/Spring. Professional Competencies: MOC; PS.



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