Course Descriptions

Economics

ECON 161 ..................................................Microeconomics (3)
Prerequisites: Accounting 101 recommended
Provides an overview of the U.S. economy including supply and demand and government intervention. Focuses on the microeconomic considerations of demand, market structure, cost of production, competition and regulation. Explores the factor markets of land, labor and capital, and addresses the redistribution of income by taxation and welfare programs.

ECON 162 ..................................................Macroeconomics (3)
Prerequisites: None
Provides an overview of the U.S. economy and its relationship to the international economy. Focuses on money, employment, inflation, business cycles, fiscal and monetary policy, aggregate supply and demand, and international economics.