ECON-1002Principles of Economics
Principles of Economics introduces the fundamental concepts of micro and macroeconomics. Local and global economies and the factors that cause change to both business and government are discussed. Relationships between supply and demand, buyers and sellers, revenues and costs, as well as how people respond to changes in price are explored. The impact of market economies, banking and fiscal policies, government policies, inflation, and unemployment will be examined. Students will analyze changes in the economy and identify factors that impact their everyday life.