Economics (ECON)

ECON 105. Elements of Economics

Credits: 3
Typically Offered: FALLSPR
Analysis of economic principles for students planning no further study of economics, i.e. non-business majors. No credit for students who have completed ECON 201 and ECON 202. This course includes the study of factors influencing supply and demand, price determination under different competitive structures, monetary policy, fiscal policy and other factors influencing aggregate levels of income and employment, and selected economic problems.

ECON 201. Principles of Microeconomics

Credits: 3
Typically Offered: FASPSU
A microeconomic approach to the study of the present economic system; a study of the principles of economics including factors which influence supply and demand, price determination through supply and demand, profit maximization under different economic structures, efficiency, and the capital market.

ECON 202. Principles of Macroeconomics

Credits: 3
Prerequisite: Econ 201.
Typically Offered: FASPSU
Analysis of economic growth and development, aggregate levels of income and employment, inflation, fiscal and monetary policy, and international trade.