American History Through A New Lens

Most students could recall the original thirteen colonies or recite the Declaration of Independence. However, few know what economic factors in colonial America led slavery to ultimately replace indentured servitude. I enrolled in Econ 218, American Economic History this semester with Professor Lisa Nunn. This course uses economic models and theories to understand the path of economic development in the U.S. starting with colonization. Models are important in economics because they can be used to make assumptions or predictions. Models allow us to isolate certain parts of the economy and manipulate variables to see their outcomes. In introductory economics, markets Continue reading American History Through A New Lens