ECON 1301: Introduction to Economics

A survey of microeconomic and macroeconomic principles for Non-business majors. Microeconomic topics will include supply and demand, consumer behavior, price and output decisions by firms under various market structures, factor markets, market failures, international trade, and exchange rates. Macroeconomic topics will include national income, unemployment, inflation, business cycles, aggregate supply and demand, monetary and fiscal policy, and economic growth. Three hours lecture per week. This course satisfies the Behavioral Science Core.