|
|
Nov 21, 2024
|
|
2022-2023 Academic Catalog [Archived Catalog]
|
ECON 203 - Principles of Economics Credits: 3 This course introduces the economic perspective on decisions currently faced by individuals, businesses, and society. Basic economic principles and methods are used to address both microeconomic and macroeconomic topics, with a focus on the modern market economy. Essential content includes the laws of supply and demand; the behavior of consumers and firms; the function of resource markets; macroeconomic measures of economic growth, unemployment, and inflation; the use of fiscal and monetary policy to achieve macroeconomic goals; and an overview of international trade. Prerequisite: ENGL-104 or ENGL-204H, MATH-116 or higher
|
|
|