ECON 101CCD
Economic Principles
Steven George Medema
Description from DukeHub
Basic microeconomic concepts such as demand and supply, market structures, pricing and equilibrium. Conditions for market efficiency, and approaches to addressing market failures from externalities, asymmetric information and market power. Tensions between efficiency and equity. Macroeconomic concepts such as inflation, unemployment, trade, economic growth and development. Different perspectives on issues of monetary and fiscal policy. Emphasis on public policy issues and the logic behind the economic way of thinking. Open to all students.
Skills
- policy and lawdescription: "policy" and 1 more
AI-resilient: 1 of 5
- No: Physical, lab or field work
- No: Live work with people
- Yes: Judgment someone is accountable for · "policy"
- No: A craft you practice with your hands or body
- No: Small, in-person format
The checks lean on Microsoft Research, Working with AI (2025), which found generative AI applies least to physical work and hands-on work with people. A signal, not a promise. How the score works
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