Resource Economics 102 - Intro Resource Econ
Fall
2017
03
4.00
Kelly Hellman
TU TH 1:00PM 2:15PM
UMass Amherst
40198
Microeconomic theory for majors and non-majors. Concepts of supply, demand, markets, natural resource management, economic policy. Applications to business and government decision-making emphasized. (Gen.Ed. SB)
Open to first year Investigating Consumerism RAP students in Thoreau. RES-ECON 102-03
See http://www.umass.edu/rap/investigating-consumerism-rap
"Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life?" -Tyler Cowen.
What do all majors and interests have in common? Economics is a part of all them! In this course we will:
(1) build the fundamentals of microeconomics, which will help you understand how consumers and firms make decisions.
(2) learn about how these decisions are made within a market framework and explore what happens when economic markets fail. You will be able to apply this knowledge to your interests and gain the necessary skills to have a deeper understanding of how, as consumers and maybe future producers, economics impacts and plays a role in your everyday life.
This course covers the same content as other Res-Econ 102 sections, and as Econ 103 -- completing the course means meeting the pre-requisite for many of the core courses needed for Resource Economics, Economics, and Business majors and minors.
NOTE: Although there is no restriction on this course, it is recommended that students score at least a 16 on Part A of the Math Placement Test.
See http://www.umass.edu/rap/investigating-consumerism-rap
"Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life?" -Tyler Cowen.
What do all majors and interests have in common? Economics is a part of all them! In this course we will:
(1) build the fundamentals of microeconomics, which will help you understand how consumers and firms make decisions.
(2) learn about how these decisions are made within a market framework and explore what happens when economic markets fail. You will be able to apply this knowledge to your interests and gain the necessary skills to have a deeper understanding of how, as consumers and maybe future producers, economics impacts and plays a role in your everyday life.
This course covers the same content as other Res-Econ 102 sections, and as Econ 103 -- completing the course means meeting the pre-requisite for many of the core courses needed for Resource Economics, Economics, and Business majors and minors.
NOTE: Although there is no restriction on this course, it is recommended that students score at least a 16 on Part A of the Math Placement Test.