B19: We’re All Economists Now - 3 units
Dabney Waring                    
Tues. 9:00–10:30 a.m. - Oct. 28, Nov. 4, 11, 18, Dec. 2         
Senior Center - Limit: 75

Dabney Waring’s career was primarily in the field of transportation as an economics consultant for a nationwide organization of motor-carrier rate bureaus. Since retiring, he has taught both macro- and micro-economics in Virginia community colleges, as well as this overview course for JILL. His B.E.E. is from UVa and his M.A. in Economics is from VPI.

Subjects to be covered: early economic concepts; effects of trade and mercantilism as economics evolved and emerged as a separate social science; contributions of the major thinkers (Adam Smith, Marx, Keynes, Friedman, etc.); the effects of the Industrial Revolution, the Great Depression and the World Wars; refinements of mathematical analysis (neoclassicism) and statistical measurement (econometrics); industrial structures (competition, monopoly, etc.); government regulation and intervention, judicial involvement, monetary and fiscal restraints; the role of the Federal Reserve; corporate behavior, game theory; and the involvement of politics in economics and of economics in politics. Ultimately, the objective is to see the involvement of economics in our daily lives.