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    Jun 19, 2024  
American University Catalog 2023-2024 
    
American University Catalog 2023-2024

ECON-120 Social Problems in Context (3)


Students learn to use the economic way of thinking to analyze how social and historical context contributed to or eased a variety of social problems. Using the economic way of thinking develops three inter-related habits to approaching problems. First is thinking about the kinds of costs and benefits (monetary and non-monetary) that people consider when they make choices, the second is thinking about which parts of the social and historical context are likely to influence the costs and benefits, and the third is thinking about what evidence helps to narrow down which of the possible influencers may be critical to change. The course prepares students to make plans of action for understanding and solving problems. AU Core Habits of Mind: Socio-Historical Inquiry. Usually Offered: fall and spring.