apps.precollege.brown.edu

Economania

Course Description

When you think of an economics course, you might guess that you would learn how supply and demand determine market prices, how government policies affect economic growth, or how you can game the stock market to become a billionaire using sophisticated financial knowledge. However, recent empirical research in economics has answered interesting questions in many fields, the results of which can be observed in everyday life.

This course will focus on two essential tools of an applied economist: the importance of incentives to understand human behavior, and the subtleties of disentangling causation from correlation. Each day, you will be introduced to methods that are used in economics to identify causal effects in our everyday life. Some recent and interesting articles will be used to explain the intuition behind each method.

You will learn how to analyze and interpret data, and to test hypotheses using that data. You will also set up their own hypotheses and identify possible ways of testing them using the techniques learned in class. Part of class each day will be spent watching a popular documentary on the economic analysis of how humans respond to incentives, and you will apply what we learned in class to critique the arguments presented in the film. The culmination of the course will be a final project in which you will propose and present an original research idea that uses empirical strategies and concepts covered in class. At the conclusion of this course, you will have a greater understanding of the empirical strategies economists use to solve important and interesting questions about human behavior.

Prerequisites

The course assumes basic knowledge of mathematics, such as solving and plotting linear equations, and computing averages and percentages.

Sections

Four Sections Available to Choose From:

Online sections of Pre-College courses are offered in one of the following modalities: Asynchronous, Mostly asynchronous, or Blended. Please review full information regarding the experience here.


Dates: June 27, 2022 - July 01, 2022
Duration: 1 Weeks
Meeting Times: M-F 3:30P-6:20P
Status: Closed
Format: On-Campus
Instructor(s): Santiago Hermo
Course Number: 10163

Dates: July 11, 2022 - July 15, 2022
Duration: 1 Weeks
Meeting Times: M-F 8:30A-11:20A
Status: Closed
Format: On-Campus
Instructor(s): Warren Powell
Course Number: 10191

Dates: July 18, 2022 - July 22, 2022
*Duration: 1 Weeks
Meeting Times: M-F 3:30P-6:20P
Status: Closed
Format: On-Campus
Instructor(s): Amy Crouch
Course Number: 10345

Dates: July 25, 2022 - July 29, 2022
Duration: 1 Weeks
Meeting Times: M-F 3:30P-6:20P
Status: Closed
Format: On-Campus
Instructor(s): Amy Crouch
Course Number: 10344