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Economics

ECO 180 Survey of Economics 5qh

This course is designed to create student interest and enhance general understanding of the basic tenets of economics. Basic microeconomic and macroeconomic theories are offered and explored relative to real world issues that students face every day. Students will become better prepared to evaluate critically the world around them. This course can be used as an elective in area E of the core.

ECO 201 Macroeconomics 5qh

An introduction to the theory of macroeconomics through an examination of the nature and operation of the American economic system. The study will include the economic components of the American and international economy, supply and demand, the circular flow diagram and gross domestic product, fiscal policy, monetary system, and monetary theory and policy. Prerequisite: Satisfactory score on the math placement exam or completion of MAT 095 or higher with a grade of C or better.

ECO 202 Microeconomics 5qh

An introduction to the theory of microeconomics through examination of the principles involved in the production and distribution of goods within a market economy under conditions of pure competition, imperfect competition, and monopoly. Prerequisite: Satisfactory score on the math placement exam or completion of MAT 095 or higher with a grade of C or better.