Introduction to Economics

Catalog description

This course is intended for students with no prior background in business or economics. It is study of basic macroeconomics, microeconomics, and international economics principles, as well as current global economic and social issues. The course introduces the student to basic economic concepts and applications emphasizing the economic way of thinking. The student will, therefore, relate principles such as scarcity, opportunity cost, and cost-benefit analyses to everyday real world economic situations.