New York University 4 credits Economics
Examines the manner in which producers, consumers, and resource owners acting through the market determine the prices and output of goods, the allocation of productive resources, and the functional distribution of incomes. The price system is seen as a network of interrelated decisions, with the market process serving to communicate information to decision makers. Only for the policy concentration of the major. Prerequisites: Min grade C for all reqs: (ECON-UA 2 OR ECII-UF 102 OR ECON-UB 1 OR AP Exam Microeconomics >= 4) AND (MATH-UA 132 OR MATH-UA 123 OR MATH-UA 129 OR MATH-UH 1020 OR MATH-UY 2114).
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