THE ECONOMICS OF MONEY AND DEBT in Fall 2024 (EC1099FB6)

Firstbridge courses are offered to degree seeking freshmen and registration is done via webform in pre-arrival checklist.

Course Master:

FIRSTBRIDGE IN ECONOMICS (EC1099)

Term:

Fall 2024

Discipline:

EC (Economics)

Credits:

4 credits

Type:

CCI

Level:

Undergraduate

Can be taken twice for credit?:

Exam Date:

Friday, December 13, 2024 - 12:30

Pre-requisites:

None

Co-requisites:

None

Professor(s)

Sofia Valeonti

Notes

This course is an introduction to money, debt, and taxes. To examine money, debt, and taxes we adopt a historical analysis based on old and new economic texts, some well-known, others hardly at all. The kinds of questions you will be able to answer by the end of the course include: why does money, of all things, have the ability to exchange all goods? How does money help our economy function? What causes inflation? How can you just invent a new kind of money like a cryptocurrency? What is debt and what role does it play in society? Is debt good, bad or something else? When and why were taxes invented? How can taxes keep or not a society together?

Learning Outcomes

Students will comprehend how information is produced and valued in order to discover, evaluate, use, and create information and knowledge effectively and ethically. In FirstBridge, students will demonstrate the conversational nature of scholarship, and recognize their potential role and responsibilities as contributors to that conversation. For each discipline taught in FirstBridge, students will identify reference works, journals, databases and/or major works in history, in order to start effective research in the field. (FB LO1)
Students will acquire the study skills, time management, and interpersonal skills needed to meet the demands of university-level academic work at a Liberal Arts College individually or as a team. Students will value the multiple meanings of place through experiential learning at AUP and beyond in the Parisian or global context. (FB LO2)
Describe the functions of money, debt, and taxes in an economy.
Recognize different narratives on the role and function of money, debt, and taxes.
Relate theories of money, debt, and taxes to historical experiences.
Students will think critically about cultural and social difference. Students will identify and understand power structures that determine hierarchies and inequalities relating to race, ethnicity, gender, nationhood, religion or class. (CCI LO3)
Students will demonstrate awareness of ethical considerations relating to specific societal problems, values or practices (whether historical or contemporary, global or local) and learn to articulate possible solutions to prominent challenges facing societies and institutions today so as to become an engaged actor across various levels of our interconnected world. (CCI LO4)

Syllabus

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Schedule

Start Date:

Monday, September 2, 2024

End Date:

Tuesday, December 17, 2024

Day	Start Time	End Time	Room
Tuesday	13:45	15:05	G-002
Friday	13:45	15:05	G-002