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			Nov 04, 2025			
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						2025-2026 Academic Catalog  
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                  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.   Core Discovery Area: Civic Discovery   Prerequisite1: COMP 104  or ENGL 204H ; and MATH 116  or higher 
				  
 
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