Teaching at KNU

At Kyungpook National University, I taught an intensive Principles of Economics course from June to July 2011.

The topics covered in the course included:

  • Making the right choices (Principle of optimality)
  • Supply and Demand
  • The invisible hand, government interventions, and basic welfare economics
  • Market failures (Externalities and public goods)
  • Factor markets and Information Economics
  • Money, liquidity, time, and risk
  • International trade: the standard model
  • What are some arguments against free trade?
  • The Wealth of Nations and Economic Growth
  • The economics of life, health, the environment, and social interactions

This is the talented and hard-working class: