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EC 201 Principles of Microeconomics

Basic economic principles of individual and business decision-making concerning the use of resources and products in the marketsetting of the U.S. economy. Fundamentals of supply and demand and microeconomics are emphasized in this semester course.

EC 202 Principles of Macroeconomics

This course discusses national economic activity including the role of money and financial institutions in the U.S. economy. Topics include balance of payment problems, international economics, and the role of the government and Federal Reserve system in achieving full employment and price stability.

EC 203 Project Management Economics

This course introduces students to three vital components of project management, each of which contains economic aspects. The three components are financial activities of the project manager, economic analysis, and legal considerations. Examples and case studies will address situations that require decisions having economic implications from project managers in the industrial, commercial, professional, and public sectors. Topics covered include developing project scopes, schedules and budgets, evaluating capital expenditures, considering operational costs, reviewing contracts and specifications, and addressing ethical dilemmas. Three class hours per week.