Phillips Exeter Academy

Economics

Principles of Economics & Business
Economics

This course provides an introduction to the economic way of thinking and covers the fundamentals of both microeconomics and macroeconomics. We begin by examining supply and demand and the role of incentives and then discuss market failures, business behavior,...

Macroeconomic Issues in the U.S.
Economics

This course examines in depth the behavior of macroeconomic aggregates such as GDP and its components, inflation, unemployment, and interest rates. We study the determinants of long-run economic growth as well as the causes of the business cycle (recessions...

Microeconomic Theory & Policy
Economics

This course examines in depth how markets work (or fail to work), how people and businesses make economic decisions, and how government intervention in various markets affects economic outcomes. We study supply and demand and the allocation of resources,...