Economics

 

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EC 2113                        Microeconomics (F, Sp)

Economic concepts are vital to understanding business decisions and individual choices.  This course provides students with a basic understanding of the elements of microeconomics, or economics within and between organizational units.  Major components include: economic growth, market structures, demand, supply, elasticity, pure competition, pure monopoly, monopolistic competition, oligopoly, production and demand, pricing and employment and current economic problems.

 

EC 2123                        Macroeconomics (F, Sp)

Economic concepts are vital to understanding government actions and business strategies.  This course provides students with a basic understanding of the elements of macroeconomics, or economics on a national and/or global scale.  Emphasis is placed on the nature of American capitalism, national income, employment, fiscal policy, money, monetary policy, and economic stability.