2017/1/24Reading Set 1: Econ 102 with Dr. Wooten (Fall 2016)https://psu.instructure.com/courses/1797918/quizzes/30906181/13Reading Set 1DueSep 9, 2016 at 11:59pmPoints46Questions46Availableuntil Sep 9, 2016 at 11:59pmTime LimitNoneInstrucƭonsThis quiz was locked Sep 9, 2016 at 11:59pm.Azempt HistoryAttemptTimeScoreLATESTAttempt 190 minutes44 out of 46Score for this quiz:44out of 46Submitted Aug 28, 2016 at 1:42pmThis attempt took 90 minutes.The questions for this reading set come from:1.Think Like a Freak Chapter 1: What does it mean to think like a freak?2.Think Like a Freak Chapter 2: The three hardest words in the English language3.Think Like a Freak Chapter 3: What’s Your Problem?Think Like a Freak Chapter 1:What does it mean to think like a freak?1 / 1 ptsQuestion 1What syndrome was Cameron's oldest child born with?Ohtahara SyndromeCorrect!orrect AnswersOhtahara syndrome1 / 1 ptsQuestion 2Where will you kick it if you are following the communal incentive?the centerYou Answered
These course descriptions are not being updated as of August 1, 2016. Current course descriptions are maintained in LionPATH.
ECON 102 (GS) Introductory Microeconomic Analysis and Policy (3) Methods of economic analysis and their use; price determination; theory of the firm; distribution.
ECON 102 Introductory Microeconomic Analysis and Policy (3)
(BA) This course meets the Bachelor of Arts degree requirements.
Economics is the study of how people satisfy their wants in the face of limited resources. One way to think about economics is that it is a consistent set of methods and tools that is valuable in analyzing certain types of problems related to decision--making, resource allocation, and the production and distribution of goods and services. There are two main branches of economics, microeconomics, and macroeconomics. Macroeconomics is concerned with economy--wide factors such as inflation, unemployment, and overall economic growth. Microeconomics deals with the behavior of individual households and firms and how government influences that behavior; it is the subject of this course.
More specifically, ECON 102 is an introduction to microeconomic analysis and policy. The principal objective of the course is to enable students to analyze major microeconomic issues clearly and critically. Students will be introduced to the methods and tools of economic analysis, and these analytical tools will be applied to questions of current policy interest. Learning these methods and tools and applying them to interesting policy questions and issues is sometimes called "thinking like an economist." An important goal of this course is to take each student as far down the road of "thinking like an economist" as possible.
A variety of mechanisms are used to assess student performance. These evaluation methods typically include exams, quizzes, homework assignments, and group projects.
ECON 102 is an introductory course in economics and as such, serves as a prerequisite for several microeconomics--oriented 300--level courses. It is also a required course for all majors and minors in economics, and meets requirements for a General Education (GS) or Bachelor of Arts social science course.
General Education: GS
Bachelor of Arts: Social and Behavioral Science
Effective: Spring 2011
Note : Class size, frequency of offering, and evaluation methods will vary by location and instructor. For these details check the specific course syllabus.