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Econ 101 is an introduction to the field of economics, the way that economists think about the world around us and how insights from outside of economics can often be incorporated into economic models. At the end of the course, students should have a thorough understanding of the broad landscape of topics studied by economists, the way that economic theory and empirical evidence shape modern economics, and the general framework that unifies how economists approach their work and their understanding of the world around us. From this, students should gain an appreciation of the many pathways that studying economics opens to them – both while at Duke and beyond. As we will see, economics is much broader than what most initially imagine. Economists study all facets of human choices – those involving money and those that don’t. They also employ empirical tools to analyze data for clues about how people behave and what that implies about the kind of world we all experience. As a result, while we certainly study commonly recognized macroeconomic topics like gross domestic product, unemployment and inflation and microeconomic topics involving firms and consumers, we also investigate issues related to race, inequality, environmental sustainability, education, crime, families and much more. The course is therefore designed to teach economic concepts within the larger context of economics as a discipline.
This course introduces students to new material through video modules (the first of which is posted above) ahead of each class meeting where further material is developed and applied to real world issues.
Listed below, you will find the link to view all of my Econ 101 YouTube pre-class Videos.
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