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Business & Finance

Economics Course Descriptions

ECON 120: General Economics

Credits: 5.0

A survey of economic principles applied to a wide range of social problems. Domestic markets, government intervention, inflation, and the global economy are all considered.

Course Level Objectives

  1. Apply supply and demand analysis to a variety of examples.
  2. Calculate how firms maximize profits.
  3. Describe the determinants of aggregate spending and multiplier effects.
  4. Explain and demonstrate how the tools of fiscal and monetary policies affect the economy.
  5. Use comparative advantage to explain the role of foreign trade.

ECON& 201: Microeconomics

Credits: 5.0

Covers consumer and business interaction through markets. Public policies are also evaluated in terms of their impacts upon equity and efficiency. Recommended completion of MATH 84 or MATH 87; and ENGL& 101 each with a minimum grade of 2.0.

Course Level Objectives

  1. Construct graphs and analyze their economic implications.
  2. Describe the impact of supply and demand on a variety of situations.
  3. Calculate how firms maximize profits under the different types of market structures.
  4. Analyze current events in the media.
  5. Apply various market theories to a broad range of issues such as healthcare, agriculture, foreign trade, and labor markets.

ECON& 202: Macroeconomics

Credits: 5.0

Study of the national economy in terms of aggregate spending, money supply, and foreign trade. Various theories are put forth to explain business cycles in the U.S. and world economy. Recommended completion of MATH 84 or MATH 87 and ENGL& 101 each with a minimum grade of 2.0.

Course Level Objectives

  1. Explain scarcity and how market forces operate to allocate resources and distribute incomes.
  2. Critique the tools of both fiscal and monetary policies.
  3. Determine the causes of inflation, unemployment, and economic growth.
  4. Assess the impact of government policies on the distribution of income and allocation of resources.
  5. Analyze current events.

ECON 255: Special Topics in Economics

Credits: 5.0

Covers broad variety of special topics which extend beyond the reach of existing courses. Prerequisite: Placement in ENGL 100.

Course Level Objectives
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