ECON BC 1003x and y Introduction to Economic Reasoning

Covers basic elements of microeconomic and marcoeconomic reasoning at an introductory level. Topics include Individual Constraints and Preferences, Production by Firms, Market Transactions, Competition, The Distribution of Income, Technological Progress and Growth, Unemployment and Inflation, the Role of Government in the Economy.

This one-semester introductory course replaces the traditional two-semester introductory courses previously offered, ECON BC1001 Introduction to Macroeconomics and ECON BC1002 Introduction to Microeconomics. Note: Students cannot get credit for ECON BC1003 if they have taken either ECON BC1001 or ECON BC1002 or the Columbia introductory course ECON W1105.

- D. Weiman, M. Andrews
General Education Requirement: Social Analysis (SOC).
3 points