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Academic Catalog 2025-26

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Your search for courses · during 25FA, 26WI, 26SP · taught by jlafky · returned 6 results

  • ECON 111 Principles of Microeconomics 6 credits

    This course gives the students a foundation in the general principles of economics as a basis for effective citizenship and, when combined with 110, as a preparation for all advanced study in economics. Topics include consumer choice theory; the formation of prices under competition, monopoly, and other market structures; the determination of wages, profits, and income from capital; the distribution of income; and an analysis of policy directed towards problems of public finance, pollution, natural resources, and public goods.

    • Fall 2025
    • QRE, Quantitative Reasoning SI, Social Inquiry
    • Not open to students who have completed any of the following exams: AP Microeconomics exam with a score of 5 or IB Economics exam with a score of 6 or better. Students who plan to take upper-level economics courses must review additional material in lieu of ECON 111. If you would like to waive your AP or IB test score in order to take ECON 111, please contact the Registrar's Office for options.

    • CL: 100 level PPOL Core
    • ECON  111.01 Fall 2025

    • Faculty:Jonathan Lafky 🏫 👤
    • Size:30
    • T, THWillis 204 10:10am-11:55am
  • ECON 265 Game Theory and Economic Applications 6 credits

    Game theory is the study of decision making in strategic situations. In this course we will develop tools to help us to analyze a wide variety of settings in which two or more people make choices that jointly affect one another’s well-being. We will discuss many different applications, including negotiations, charitable giving, the division of labor on shared projects, armed conflicts, and the role of education in the job market. Topics covered include pure and mixed-strategy Nash equilibrium, rationalizability, backward induction, repeated games, Bayesian games and level-k reasoning.

    • Spring 2026
    • QRE, Quantitative Reasoning SI, Social Inquiry
    • Student has completed any of the following course(s): ECON 111 with a grade of C- or better or ECON AL (Cambridge A Level Economics) with a grade of B or better or has received a score of 5 on the AP Microeconomics test or a score of 6 or better on the IB Economics test.

    • CGSC Elective CL: 200 level ECON Elective
    • ECON  265.01 Spring 2026

    • Faculty:Jonathan Lafky 🏫 👤
    • Size:25
    • T, THWillis 204 10:10am-11:55am
  • ECON 267 Behavioral Economics 6 credits

    This course introduces behavioral economics as a complementary approach to traditional economic models of decision making. We will study situations in which the predictions of traditional models can appear to be inconsistent with the choices people actually make, and then ask whether we can improve those models by introducing psychologically plausible assumptions. We will discuss a broad range of behavioral topics, including biases in decision making, risk and time preferences, prospect theory, other-regarding preferences, and the design of experiments.

    • Spring 2026
    • QRE, Quantitative Reasoning SI, Social Inquiry
    • Student has completed any of the following course(s): ECON 110 with a grade of C- or better or received a score of 5 on the Macroeconomics AP exam and ECON 111 with a grade of C- or better or received a score of 5 on the Microeconomics AP exam OR has received a score of 6 or better on the Economics IB exam.

    • CGSC Elective CL: 200 level ECON Elective PSYC Pertinent
    • ECON  267.01 Spring 2026

    • Faculty:Jonathan Lafky 🏫 👤
    • Size:25
    • T, THWillis 204 1:15pm-3:00pm
  • ECON 395 Advanced Topics in Experimental Economics 6 credits

    Experimental economics focuses on using controlled experiments to demonstrate causal relationships in economic decision making. We will develop a deep understanding of both the methodology and major findings of experimental economics. Many discussions will be student-led, through in-depth presentation of journal articles. Topics covered will be determined largely by student interest, but might include subjects such as altruistic behavior, bargaining, market behavior, risk preferences, public goods, and preferences for honesty.

    • Fall 2025
    • QRE, Quantitative Reasoning SI, Social Inquiry WR2 Writing Requirement 2
    • Student has completed any of the following course(s): ECON 329 and ECON 330 and ECON 331 with a grade of C- or better.

    • CL: 300 level ECON Advanced Seminar
    • ECON  395.02 Fall 2025

    • Faculty:Jonathan Lafky 🏫 👤
    • Size:15
    • T, THWillis 211 1:15pm-3:00pm
  • ECON 398 Advanced Research in Economics 6 credits

    This course is designed to support majors in developing advanced skills in economic research and communication. Through a combination of class discussion, small group work, and/or one-on-one interactions with the professor, majors learn the process of constructing strong, theoretically-grounded arguments through primary research, secondary research, or both. Students will also learn and practice strategies for engaging critically with contemporary scholarship and effective techniques of peer review and the oral presentation of research.

    • Winter 2026, Spring 2026
    • No Exploration
    • Student has completed any of the following course(s): ECON 395 with a grade of C- or better.

    • ECON 400: Integrative Exercise
    • ECON Elective
    • ECON  398.02 Winter 2026

    • Faculty:Jonathan Lafky 🏫 👤
    • Size:15
    • Grading:S/CR/NC
    • ECON  398.02 Spring 2026

    • Faculty:Jonathan Lafky 🏫 👤
    • Size:15
    • Grading:S/CR/NC
  • ECON 400 Integrative Exercise 3 credits

    Required of all senior Economics majors. Students complete either the research paper or the policy paper developed in ECON 395. Students writing the research paper must enroll concurrently in ECON 398.

    • Winter 2026, Spring 2026
    • No Exploration
    • Student has completed any of the following course(s): ECON 395 with a grade of C- or better AND the student is an Economics major AND has Senior Priority.

    • ECON  400.02 Winter 2026

    • Faculty:Jonathan Lafky 🏫 👤
    • Size:15
    • Grading:S/NC
    • ECON  400.02 Spring 2026

    • Faculty:Jonathan Lafky 🏫 👤
    • Size:15
    • Grading:S/NC

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2025–26 Academic Catalog

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Registrar: Theresa Rodriguez
Email: registrar@carleton.edu
Phone: 507-222-4094
Academic Catalog 2025-26 pages maintained by Maria Reverman
This page was last updated on 10 September 2025
Carleton

One North College StNorthfield, MN 55057USA

507-222-4000

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