During peak registration times, the open/closed status of a course will change frequently.
For the most up-to-date status of a course, the best resource is Williams Student Records:
Main Menu > Self Service > Class Search/Browse Catalog > Class Search
Principles of Microeconomics
(also offered Fall 2019)
This course is an introduction to the study of the forces of supply and demand that determine prices and the allocation of resources in markets for goods and services, markets for labor, and markets for natural resources. The focus is on how and why markets work, why they may fail to work, and the policy implications of both their successes and failures. The course focuses on developing the basic tools of microeconomic analysis and then applying those tools to topics of popular or policy interest such as minimum wage legislation, pollution control, competition policy, international trade policy, discrimination, tax policy, and the role of government in a market economy.
Format: lecture; discussion
Grading: yes pass/fail option,
no fifth course option
problem sets, quizzes, short essays, two midterms (one for Bradburd's sections), final exam
this course is required of Economics and Political Economy majors and highly recommended for those non-majors interested in Environmental Studies and Women's, Gender and Sexuality Studies
the department recommends students follow this course with ECON 120 or with a lower-level elective that has ECON 110 as its prerequisite; students may alternatively proceed directly to ECON 251 after taking this introductory course
POEC Required Courses