Ec 10A, Lecture 1 Notes
Ec 10A, Lecture 1 Notes Econ 10A
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This 1 page Class Notes was uploaded by Devon Black on Thursday September 1, 2016. The Class Notes belongs to Econ 10A at Harvard University taught by N. Gregory Mankiw in Fall 2016. Since its upload, it has received 9 views. For similar materials see Principles of Economics in Economics at Harvard University.
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Date Created: 09/01/16
Ec 10A: Lecture 1: 31 August 2016 Gateway course for all economics courses Ec 10A = microeconomics; 10B = macroeconomics Structure of the course o Meets three times a week o One lecture per week Slides online after the lecture o 2 sections a week (20-25 people) o P-sets & exams o Optional unit review and a tutoring program Extra-credit No technology Methodology of economics o The scientific method Develop a theory/build a model Test the theory against data Evidence o Positive vs normative statements Positive: how the world works Normative: how it should work Circular flow diagram
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