Academic Catalog

2023-2024 Edition

ECON • Economics

ECON 203 · Principles of Microeconomics   3 Credits

An introduction to concepts and tools of economic analysis for microeconomics. Students study the interactions of firms and consumers, consumer demands, firm costs, price determination under various market structures, and the role of government in a market economy.

Prerequisite: MATH 125 or STAT 280.

ECON 204 · Principles of Macroeconomics   3 Credits

Introduction to concepts and tools for macroeconomic analysis. Primary topics include inflation, unemployment, economic growth determinants, and the effects of monetary and fiscal policies on the economy.

ECON 440 · International Economics and Trade   3 Credits

This course examines the theories and principles of international economics and how trade flows and policies impact global business operations. Students evaluate macroeconomic international policies and institutions, tariff rates, customs duties, currency valuations, trade agreements, intellectual property rights, immigration and balance of payments.

Prerequisites: ECON 203, ECON 204.