ECO - Economics

This course surveys topics drawn from both macro- and microeconomics. Students explore big questions in economics, such as: How do individuals, firms, and governments make choices? What is economic rationality? How do markets function? Under what conditions do markets work well? What types of policies do governments use and how do they impact us? What data can we use to learn more about the state of the economy and how do we interpret such data? Finding answers to these questions will help students to make better decisions both professionally and academically. Pre-requisite(s): None. Co-requisite(s): None. 5 quarter hours

This course provides an overview of macroeconomics and microeconomics and an understanding of how individuals, firms, and the government make decisions. It also explains how the market economic system works. Additionally, this course examines management decisions under different market structures and the impact of government intervention on markets. Finally, this course discusses gross domestic product and national income, inflation, unemployment, economic growth and business cycles, and the impact of fiscal and monetary policies on the economy. Laboratory course is required for Pathways students. Pre-requisite(s): MTH 100 or equivalent. Co-requisite(s): ECO 200L. 5 quarter hours

Laboratory for ECO 200. 0 quarter hours

In this course students explore selected economic concepts and the relevance and application of such concepts at an organizational/individual firm level and decisions made by the managers. Topics covered in this course are drawn from both micro- and macroeconomics and include economic markets and competition; the power of incentives; importance of information in decisions; unemployment and inflation; measurement of a nation’s economic productivity; fiscal and monetary policy; globalization and trade; and issues of current interest in economics. Pre-requisite(s): BUS 430 or permission of Program Chair or designate. Co-requisite(s): None. 5 quarter hours