Economics (ECON) Courses
ECON 120 : Introduction to Economics
Credits: 3
One semester survey of the principles of microeconomics and macroeconomics to enable students in all disciplines to understand current economic events.
ECON 130 : Principles of Microeconomics
Credits: 3
Examination of the decision-making process of both households and firms. Analysis of the functioning of a competitive market system, using supply and demand models and the role of government in cases where the market system fails. Additional topics include the effects of international rate on the welfare of a nation and the effects of different competitive market structures on society.
ECON 131 : Principles of Macroeconomics
Credits: 3
An introduction to macroeconomics–the study of the overall economy. Topics include the determination of national income, causes and effects of inflation, unemployment, and income inequality; causes and consequences of international differences in economic growth; sources of business cycle expansions and contractions; role of government policy in stabilizing the economy and promoting long-term growth; financial markets and monetary policy; taxes, spending, consequences of budget deficits, determination of trade imbalances, exchange rate fluctuations, and balance of payment crises.