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.

Examines how consumers and firms make choices when facing scarce resources, and how those choices are related to government policy and market outcomes, such as prices and output.

Examines the aggregate activity of a market economy, economic growth, inflation, unemployment, and the use of fiscal and monetary policy to address macroeconomic problems.