
Students will explore fundamental economic principles through a comprehensive analysis of microeconomics. Dr. Osorio, a seasoned economist with international experience, introduces key concepts such as trade-offs, incentives, market forces, and government policies. The course, using "Principles of Microeconomics" by Gregory Mankiw as a textbook, emphasizes real-world applications and practical examples. Topics range from elasticity and taxation to market structures, labor markets, poverty, and inequality. Students will engage in critical thinking through a major assignment, choosing between a Policy Analysis Project or a Market Analysis Project, and demonstrate their understanding in a final exam, ensuring a thorough grasp of microeconomic principles and their real-world implications. The course structure encourages collaborative learning, and evaluation criteria focus on content depth, presentation clarity, and critical thinking skills.