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Economics Courses

ECN*101 Principles of Macroeconomics (a) 3 credits

Introduction to aggregate economic phenomena and processes, and fundamental economic concepts of supply and demand, exchange and specialization, and international trade. Topics include national income accounting, the circular flow of money, income and spending, the monetary system of the economy, unemployment and inflation, determination of national income and employment, monetary and fiscal policy, and economic growth and development.

Prerequisites: C- or better in Integrated Reading & Writing II (ENG*075) OR Introduction to College Reading & Writing (ENG*093), or placement into Composition (ENG*101); AND C- or better in Elementary Algebra Foundations (MAT*095) OR placement into credit level mathematics.

ECN*102 Principles of Microeconomics (a) 3 credits

Markets and determination of price and output in product, resource, and financial markets are studied. Topics include consumer and producer theory, demand and supply elasticities, international finance, competition and monopoly, functional and individual income distribution, poverty, and government intervention in markets.

Prerequisites: C- or better in Integrated Reading & Writing II (ENG*075) OR Introduction to College Reading & Writing (ENG*093), or placement into Composition (ENG*101); AND C- or better in Elementary Algebra Foundations (MAT*095) OR placement into credit level mathematics.

ECN*250 Money and Banking (a) 3 credits

Monetary theory and policy are explored, with special attention to the monetary system, commercial banking, the thrift industry, central banking, and capital markets.

Prerequisites: C- or better in Principles of Macroeconomics (ECN*101).