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Professor Elizabeth Hoffman

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Professor Emerita Elizabeth Hoffman has had an extraordinary career in economics and academia that spans over 50 years. She was a pioneer in the fields of experimental and behavioral economics. In addition, she has held the positions of Dean, Provost, and President - in 2000, becoming the 20th President of the University of Colorado [https://en.wikipedia.org/wiki/University_of_Colorado] system. She has served on numerous non-profit and for-profit boards including the National Science Foundation and Target corporation. In this episode, we discuss the basics of markets, supply and demand curves, externalities, housing, vaccines, and more. We also dig into the importance of higher education and some of current challenges it faces.

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