Area of Study

Economics 101: Introduction to Microeconomics

As the Economics Center for Education & Research, we acknowledge the lack of understanding in our community for economics and are trying to overcome this reality by providing a summer program for juniors and seniors in high school to learn and experience life and the city through the lens of an economist. The course that the students will be enrolled for the summer is Economics 101. This is a college level course in which the students will earn actual college credit at the duration of the TL2 Summer Program.

Economic principles are the behaviors of an individual, firms, markets; it's pricing for resource allocation and decision-making. This course includes topics such as opportunity cost and comparative advantage, supply and demand and elasticity, costs and production, competition, monopoly, public goods and externalities.

Along with taking Economics 101, TL2 participants will experience downtown Cincinnati with the professor and tour local companies such as Procter & gamble, Maple Knoll Center for the Blind, Toyota Manufacturing and will have the opportunity to meet with a City Manager and tour City Hall to learn how economics play a role in business and city development.