Penn Summer Academy: Economics Academy

This course is for you if you want to understand economic issues in the world. The course is an introduction to core economic concepts with examples and applications that emphasize a global context from current and recent events. Scarcity, the power of markets, market failures, and market structures (e.g., competition, monopolies), are among the economic issues you will study. Examples from different countries will be used to further theoretical and practical understanding. Students will engage with economic models and thinking, in an approach that relies on limited math background, enabling them to participate in discussions about economics and economic policies. Learning goals include an understanding basic economic terms and models of analysis, engagement with economics in the workplace and everyday life, connecting to economics as a field, and understanding the global contexts of economic policy making. In addition, we’ll have two field trips.

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