Economics (EC)

Introduction to economic approaches and issues in the current political and economic climate. This course is designed for non-majors. Topics include the history of economic thought, markets, the role of incentives, and the role of government. Additional topics vary depending upon the instructor but may include competition and market power; sustainable development and growth; poverty and inequality; international economic relationships; the economic approach to environmental protection; and healthcare.

Focuses on microeconomic theory dealing with the behavior of individuals and profit-maximizing firms in market structures with varying degrees of competition. Coverage includes price theory, international trade, consumer behavior, the theory of the firm, and the potential role of government in affecting market outcomes.

Introduction to economic theory, policy, and institutions. Focuses on macroeconomic theory, money, unemployment, inflation, fiscal and monetary policies, international finance, and economic growth.