Economics Course Descriptions & Outlines

ECON 1101 | Introduction to Economics | Credits: 3

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Fundamental economic concepts: Determinants of supply and demand. Elasticity, marginal reasoning, markets and market failure. Aggregate performance, economic policy, money and banking will be introduced.

ECON 2101 | Macroeconomics | Credits: 3

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Fundamental economic concepts applied domestically and internationally: differing economic systems will be contrasted. The use of supply and demand analysis will be studied. Determination of national income will be identified. Fiscal and monetary policy will be explained. Business fluctuations, unemployment, inflation, money and the banking industry, and economic growth will be analyzed so that current issues and policies can be examined.

ECON 2102 | Microeconomics | Credits: 3

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Fundamental economic concepts applied domestically and internationally: elements of price theory, applying principles of supply and demand reasoning to market analysis, market structure including costs, types of competition, and government intervention, productive factors, the environment, and interest group effect on economic decisions.