Investigates how individuals in market economies make decisions about what goods will be produced, how they will be produced, and for whom they will be produced. Students learn to analyze the impacts of changes in markets; illustrate the concepts of consumer demand and production; and explain the process of profit maximization under various market structures. Topics include the laws of supply and demand; behavior of firms in competitive and noncompetitive markets; functioning of labor and capital markets; poverty and income inequality; economics and the environment; economic systems in other countries
Faculty bio coming soon!
The Making of the Modern World: The United States I (HS 102)
This course is not your standard survey of US history. In place of a race from pre-contact Native America to the Civil War, this course will slow down and explore a series of key moments in the American past that occurred between 1492 and 1865. We will move chronologically through time, but will examine select topics and events in some depth, reading both primary and secondary sources. The goal will be to provide some understanding of the complex history of colonial America, and later the new United States, as well as the methods that historians use to make sense of the past. I have never taught the course this way before, so who knows if it will work, but I am excited about the experiment.
Dr. Matthew Mulcahy grew up outside of Philadelphia. He received his B.A. from Macalester College and his Ph.D. from the University of Minnesota. He has written two books and a number of articles on natural disasters in colonial British America. He has taught at Loyola since 1999. He lives in Baltimore with his wife, two kids, two cats, and a dog. Everyone gets along well, except the cats and the dog. Still working on that.
Tim Cherney is the Associate Director of Student Life for Inclusion & Community Development. In this role, he oversees residential social and educational programs that foster a welcoming and inclusive living environment for all students. Along with supporting initiatives geared toward facilitating conversations around the intersections of race, gender, faith, class, and ability, Tim is specifically charged with increasing the sense of belonging amongst LGBTPQIA+ students in the residence halls.
Both courses in this pairing satisfy core requirements for all students. Students considering a major in the Sellinger School of Business will take Microeconomic Principles as one of their two social science core requirements.