This is an intensive introductory economics course, intended for students in the development concentration. It covers more material in both scope and depth, and proceeds at a faster pace, than NINT 5109 Economics in International Affairs, the standard course. No prior background in Economics is required. The course will survey a number of basic economic concepts which will be used to help understand the workings of our global economy and the various actors in it. In keeping with the New School’s tradition, this course will offer a critical perspective on both economic theory and economics as a social science, all with the aim of developing an engaged and working understanding of the global economy. Microeconomic topics to be covered include: the basic workings of markets, their history, and institutional requirements; a review of market structures and theories of competition; and, market failure. The course will also cover topics in macroeconomics and international economics including: aggregate measures of output, income, and well-being, with a critical examination of what these measures include as well as what they miss; business cycles, unemployment, and inflation; fiscal policy and public debt, including a discussion of the economics of austerity; money, credit, and monetary policy; as well as open economy macroeconomics, international trade, and international finance.