ECON 1 Lecture 1: ECON1 LECTURE 1- INTRODUCTION

• School: UCSB
• Department: Economics
• Course: ECON 1
• Professor: Ryan Oprea

Document Summary

This refers to the cooperation in the market economy, a topic that will soon be covered. Brings forth the questions of how good or bad the outcome will be. Also the idea of what is the best way to do things in the economy: known as the law of unattended consequences, slight change can ripple could lead to larger outcomes. How you will be graded: there is a curve to the class, department policy for econ 1 and 2. No more than of the class 9% will get an a. No more than 18% will get an a- No more than 27% will get a b+ No more than 37% will get a b. No more than 47% will get a b- No more than 57% of the class will get a c+ *the professor said that these numbers may not be accurate and that he would post an updated version of the lecture slides on guachospace.