2023-2024 Academic Catalog

Economics (ECN)

ECN 200  Basic Principles of Economics  (3 Credits)  

Introduction to basic core concepts of microeconomics and macroeconomics with emphasis on the theories and applications of economics, including supply-demand analysis, theories of firm, elasticity (demand, supply, and income), the four types of markets, gross domestic product, business cycle, unemployment, inflation, aggregate demand and aggregate supply, and fiscal policy.

ECN 200H  Honors Basic Principles of Economics  (3 Credits)  

Introduction to basic core concepts of microeconomics and macroeconomics with emphasis on the theories and applications of economics, including supply-demand analysis, theories of firm, elasticity (demand, supply, and income), the four types of markets, gross domestic product, business cycle, unemployment, inflation, aggregate demand and aggregate supply, and fiscal policy.

ECN 211  Principles of Microeconomics  (3 Credits)  

Introduction to microeconomic principles relative to an economic system, including supply and demand analysis, elasticity (demand, supply, and income), types of business organizations, theories of the firm and market models, resource allocation, factorial distribution, and international trade.

ECN 211H  Honors Principles of Microeconomics  (3 Credits)  

Introduction to microeconomic principles relative to an economic system, including supply and demand analysis, types of business organizations, theories of the firm and market models, resource allocation, factorial distribution, and international trade.

ECN 212  Principles of Macroeconomics  (3 Credits)  

Introduction to macroeconomic principles relative to an economic system, including economic functions of households, business and government; national income accounting; business cycles; monetary and fiscal policies to achieve desired national goals.