Economics

Courses in economics (designated ECON) may be applied as appropriate (according to individual program requirements) toward

  • the general education requirement in the behavioral and social sciences;
  • a focus in economics within the general studies major;
  • a minor in economics;
  • related requirements for most business-related majors and minors; and
  • electives.

ECON 201 Principles of Macroeconomics (3)

An introduction to the study of the macroeconomy. The objective is to apply select macroeconomic theories to real world situations. Discussion covers economic growth, unemployment, inflation, and the roles of monetary policy and fiscal policy in determining macroeconomic performance. Students may receive credit for only one of the following courses: ECON 201 or ECON 205.

ECON 203 Principles of Microeconomics (3)

An analysis of the economic principles underlying the behavior of individual consumers and business firms. The goal is to apply select microeconomic theories to real world situations. Emphasis is on market theory. Topics include the implications of government intervention, the advantages and disadvantages of different market structures, and income distribution and poverty.

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Last updated: 5 July 2011