Economic Reasoning and Issues.

Catalog description

I, II. Prerequisite: Completion of Math Academic Readiness requirements (or MAT 105P , 106P , 111B , PHI 101R , or STA 215P ). An excellent preparatory course for ECO 230 or 231 , dealing with basic concepts of a market-based economy, including scarcity, opportunity cost, comparative advantage, demand and supply, marginal analysis, market failures, economic growth, unemployment, inflation, and international trade. Gen. Ed. E-5B [SB]