Economics

Structure and functioning of the U.S. economy. National economic goals, the market system, price determination, taxation and government spending, business cycles, fiscal and monetary policy, international trade. Production theory, competition and business profit maximization. Understanding of current economic events and issues.

U.S. macro-economic goals, the American market system, price determination, distribution of income, government taxation and spending, national income accounting, fiscal policy, and monetary policy. Upper-level course. Prerequisites: MATH 1110 or higher and eligible to enroll in ENGL 1010.

Elasticity of supply and demand, utility theory, production cost analysis, profit maximization, monopoly and government regulation, labor organization, international trade and finance, economics of growth, resource depletion, and pollution. Upper-level course. Prerequisites: MATH 1110 or higher and eligible to enroll in ENGL 1010.