ECON 1301 - Introduction to Economics

Credits: 3

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. May not be substituted for ECON 2301 or ECON 2302.

Lecture: 3
Lab: 0
Prerequisite(s): Must be placed in college level reading / writing: INRW 0300, INRW 0360/INRW 0370 or higher, or ENGL 0310, ENGL 0346 or higher or ESOL 0360/ESOL 0370