ECO 110 - The Economics of eBay (First-Year Seminar)
Four Credits Fall Semester
Why do some items sell for such ridiculously high prices at auctions of reputable establishments such as Christie’s, Bonham’s, Sotheby’s or even eBay? Has it ever occurred to you why the owners of a house listed for $1.5 million last year cannot get 1/3 of that price this year? In this class we will examine the way consumers and businesses think and behave as rational entities.
Prerequisite(s): Open to First-Year Students only. Is the equivalent of