Aaron Payne

Aaron Payne
  • Applied Economics Doctoral Student

Contact Information

Teaching

Past Courses

  • BEPP1000 - Introductory Economics

    Microeconomics is the study of the behavior of households and firms, whose collective decisions determine how resources are allocated in a free market economy. We will study when markets are likely to produce "efficient" outcomes, and when government intervention may improve on or harm the competitive market outcome. We will use economic theory to analyze issues like a gas tax to change reliance on oil, minimum wages to increase salaries of the working poor, and government subsidies to increase education. Macroeconomics is the study of the economy as a whole. We will understand how the size of the US economy is determined, how unemployment is measured, how inflation affects life. We will look at policy options that the government and the Federal Reserve Bank face, and discuss pros and cons of their actions. Economic arguments are often used in debates about government policies, discussion of business strategies, and many of life's other arenas. The goal of the course is to teach you to "think like an economist," which I hope will help you to understand the world around you, make better economic decisions in your own life, and be a more informed citizen and voter.

Knowledge at Wharton

How Responsible Research Can Tackle Society’s Toughest Challenges

Companies aren’t the only ones feeling pressure to meet environmental, social, and corporate governance metrics. Business schools are also working to ensure their coursework and research adhere to a higher standard of responsibility.Read More

Knowledge @ Wharton - 6/22/2022
Why Corporate Greed Isn’t Driving Inflation

Wharton’s John Zhang dismisses the notion of “greedflation,” saying companies are right to raise prices to meet inflationary pressures created by factors beyond their control.Read More

Knowledge @ Wharton - 6/22/2022
Succeeding with Hybrid Work: Focus on Five Cs

If you’re struggling to manage a hybrid team or workforce, start by understanding five key challenges, says Wharton’s Martine Haas in this Nano Tool for Leaders. Read More

Knowledge @ Wharton - 6/22/2022