| ECON120: Introduction to Economics |
| Credits: 3 |
| ECON 120 focuses on general understanding of the functions of economic systems, including various approaches to the organization of production and allocation of resources, and of policies to achieve national economic goals; these include the determination of national income, inflation, recession, unemployment, taxation, labor unions, environmental pollution, energy, and economic growth. Emphasis will be placed on writing, problem-solving, critical thinking and abstract reasoning. |
| Prereq: Qualification for MATH 82 and qualification for ENG 100., Coreq: - |
| ECON130: Principles of Economics (Microeconomics) |
| Credits: 3 |
| ECON 130 focuses on the price system and market structures; theory of consumer behavior and market demand; production costs and the theory of the firm under competition, monopoly, oligopoly, and monopolistic competition; social costs, ecology, and externalities; public policy and income distribution; conservation and energy; food and the agricultural sector; and fundamentals of international economics. Emphasis will be placed on writing, problem-solving, critical thinking, and abstract reasoning. Students must fulfill one hour of lab work per week. |
| Prereq: MATH 82 and qualification for ENG 100., Coreq: - |
| ECON131: Principles of Economics (Macroeconomics) |
| Credits: 3 |
| ECON 131 focuses on macroeconomics with emphasis on modern theory of income determination indicating how and why income, production, employment and price levels fluctuate; on the structure of the banking system and its role in the economy; and on public policy questions arising from changes in these aggregates. Emphasis will be placed on writing, problem-solving, critical thinking and abstract reasoning. Student must fulfill one hour of lab work per week. |
| Prereq: Qualification for ENG 100 or ESL 100; and qualification for MATH 82, Coreq: - |
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