Economics Essentials: Understanding Consumer Demand

Dr. John Korsak serves as a Visiting Assistant Professor at Babson College, bringing a diverse background in economics, philosophy, and practical business experience to his role. With a BA in Economics and Philosophy from Boston College and MA and PhD in Economics from Clark University, Dr. Korsak combines academic rigor with real-world insights. His professional experience includes roles as a comptroller in political campaigns and a product marketing manager for an internet software company, providing a unique perspective on the application of economic principles in various sectors. Dr. Korsak's research interests span poverty research, behavioral economics, and statistical measurement, reflecting his commitment to addressing pressing societal issues through economic analysis. He has contributed to public education initiatives, including developing an online economics class for the Commonwealth of Virginia, and regularly participates in discussions on global climate change. At Babson, Dr. Korsak teaches courses on Microeconomics, Macroeconomics, Game Theory, Statistics, Probability, and the Economics of Everyday Life, including the "Economics: Consumer Demand" course. He also contributes to the "Financial Decision-Making for Leaders" Professional Certificate program. Through his multifaceted approach to economics education, Dr. Korsak prepares students to apply economic principles to real-world challenges, bridging the gap between theoretical concepts and practical applications in business and policy.