Markets & Models · Vol. V

Micro & Macro Economics

How the World Works — Scarcity, Choices, and Stewardship

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Written by Troy Williams · Kellogg MBA · McKinsey · Ameriprise Financial

Frontispiece artwork for Micro & Macro Economics
Plate V. Micro & Macro Economics.

Economics is moral reasoning about scarcity, incentives, justice, and calling — with real tools, not slogans. The primary path is sixteen weeks: eight weeks of microeconomics, then eight weeks of macroeconomics. An 8-week survey remains available for single-semester co-ops.

Return to the full catalog.

Contents

Module A — Microeconomics (Weeks 1–8)

  1. 01Scarcity, trade-offs, and biblical foundations
  2. 02Pre-modern markets
  3. 03Adam Smith and the invisible hand
  4. 04Supply, demand, elasticity, and price signals
  5. 05Market structures: competition to monopoly
  6. 06Labor markets and human capital
  7. 07Market failure and government failure
  8. 08Behavioral economics and ethics capstone

Module B — Macroeconomics (Weeks 9–16)

  1. 09Measuring the economy: GDP, unemployment, inflation
  2. 10Growth and development
  3. 11Money, banking, and the Fed
  4. 12Monetary policy: rules vs discretion
  5. 13Fiscal policy: stimulus, crowding out, debt
  6. 14Financial crises
  7. 15Globalization and supply-chain fragility
  8. 16Policy, justice, and economic calling
Readings, labs, cases, and homework each week.

Co-ops

An 8-week survey remains available for single-semester co-ops.

Who teaches

Written by Troy Williams · Kellogg MBA · McKinsey · Ameriprise Financial

Read about Troy and Katie.

Pricing

Family

$25 per student

Classroom

$49 base + $20 / student

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Micro & Macro Economics

How the World Works — Scarcity, Choices, and Stewardship

Notify me

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