2018-2019 Academic Catalog

EC 201 Principles of Economics I

Basic economic principles of individual and business decision making concerning the use of resources and products in the market setting of the U.S. economy. Fundamentals of supply and demand and microeconomics are emphasized first semester. Fundamentals of macroeconomics is the focus of the second semester. Covers role of government and Federal Reserve system in achieving full employment and price stability, international economics, and balance of payment problems.

Credits

3

Corequisite

Prerequisite or concurrent enrollment in MA-117. (or MA-121 MA-131 or MA-207).

Faculty

Larsen, Peter | MacKenzie, Douglas |

Offered

Annual Fall Semester