Courses in economics (designated ECON) may be applied as appropriate (according to individual program requirements) toward
- the general education requirement in the behavioral and social sciences
- a minor in economics
- related requirements for most business-related majors
Principles of Macroeconomics (3 Credits, ECON 201)
An introductory study of the macroeconomy. The objective is to apply select macroeconomic theories to real-world situations. Discussion covers economic growth, technological innovation, unemployment, inflation, and the roles of monetary policy and fiscal policy in determining macroeconomic performance. Students may receive credit for only one of the following courses: ECON 201 or ECON 205.
Principles of Microeconomics (3 Credits, ECON 203)
An analysis of the economic principles underlying the behavior of individual consumers and business firms. The goal is to apply select microeconomic theories to real world situations. Emphasis is on market theory. Topics include the implications of government intervention, technological innovation, the advantages and disadvantages of different market structures, and income distribution and poverty.