Economics (ECONOMIC)

ECONOMIC 1010 Introduction to Economics 3 Credits

A study of economic systems and their interdependence in the global economy, with emphasis on problems and policies. Among the subjects included are competitive and non-competitive markets, gross domestic product determination and policy, the U.S. financial system, and global trade.
Components: Class
GE: SBS Social & Behavioral Sci
Typically Offered: Based on Student Demand

ECONOMIC 2130 Principles of Macroeconomics 3 Credits

An introduction to basic economic principles with applications to current economic problems. Demand, supply and the role of prices in the U.S. economy are briefly surveyed followed by in-depth study of the national (or macro) economy. Topics include unemployment, inflation and economic growth; theories of economic recession and prosperity; the role of money and banking in the economy; government taxing and spending policies to stabilize the economy; and the U.S. as part of the international economy.
Components: Discussion, Class
GE: SBS Social & Behavioral Sci
Typically Offered: Fall

ECONOMIC 2230 Principles of Microeconomics 3 Credits

An introduction to basic economic principles with applications to current economic problems. Emphasis is on understanding how households and business firms make decisions in the U.S. economy. Topics include how prices are determined and how they help solve the economic problem of scarcity, the distribution of income and wealth, problems of monopoly power, labor unions and labor problems, environmental and energy concerns, and agricultural economics.
Components: Class
GE: SBS Social & Behavioral Sci
Typically Offered: Fall - Spring