Principles of Economics ((4 Credits))

Catalog description

This course provides an overview of micro- and macroeconomic issues. In microeconomics students examine individual decision-making in firms and households and the way they interact in markets. In the macroeconomic portion of the course students learn about the aggregate economy including GDP, inflation, growth, unemployment and interest rates. Major macroeconomic policies and policy issues are considered. Students must have an understanding of graphs and basic mathematical concepts prior to registering for this course. Students matriculated in the following programs cannot take this course: B.S. Accounting, B.B.A. Business Administration, and B.S. Business Administration.