$200.00
Course Overview
The Economics course deepens scholars’ understanding of human nature by examining human action in a world of
scarcity and pursuing the True, the Good, and the Beautiful. Scholars learn the “economic way of thinking,”
recognizing that social outcomes arise from the real choices and values of individuals rather than impersonal forces.
The course introduces foundational ideas in microeconomics, macroeconomics, and the history of economic
thought, helping scholars see how familiar principles explain seemingly complex events. Students begin with
microeconomics, studying how individuals and groups make decisions as producers and consumers, as well as the
government’s role in shaping incentives and correcting market failures. The course concludes with macroeconomic
topics—such as growth and monetary and fiscal policy—while emphasizing that large-scale trends ultimately reflect
countless individual decisions.
