ECON 223Intro to Economics

Catalog

This is an introductory course of economics principles. The course covers both microeconomics and macroeconomics, along with issues within the global economy. Topics covered are supply and demand; allocation of resources; firm decision-making; imperfect competition; economic analysis of unemployment, inflation, and economic growth; the role of government in the domestic economy; global economic issues and U.S. and economic policies of the last quarter century. Students will learn and use economic tools of analysis to explore a variety of social phenomena. Primary emphasis is placed on real world examples to study microeconomics, macroeconomics and global political economy issues from alternative theoretical perspectives.