Unit 1: Economics and Globalization

Lesson 1a: The Class and the Math

Something Interesting - Why are we studying this? *

 

Optional: a funny look at some major ideas of economics by the Stand-up Economist.

Principles of economics, translated
https://www.youtube.com/watch?v=VVp8UGjECt4

 

*NOTE: There will be a short case study for most lessons ("Something Interesting - Why are we studying this?"). The case study does not include everything from the lesson but it will highlight an interesting and important topic. The case studies are meant to grab your attention and help you APPLY a concept from the lesson to a real world issue. At first the case study may not make sense. In fact, many will appear contrary to common sense, (like why are high prices GOOD for the people suffering from a natural disaster), but after finishing the lesson you should have a better understanding of the case study or ask for help in class or on the Blackboard discussion board.

 

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Lesson 1a