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Nov 27, 2024
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ECON 205 - Principles of Economics An introduction to the terms, tools, and concepts basic to modern economic analysis. Specific topics addressed include: supply and demand analysis; consumption, production, and cost theories; externalities, public goods, and government response; national income accounting, productivity, and economic growth; labor markets and employment; economic fluctuations and monetary and fiscal policy; and finally international trade. Policy application is central to the discussion of all topics in the course. Students who need to take both Principles of Microeconomics and Principles of Macroeconomics may fill the requirement either by taking and , or ECON 205. Students may not get credit for both and ECON 205 or and ECON 205.
Credits: 5 NOTE: Honors Scholar Course.
NOTE: This course fulfills the Social Scientific Mode of Inquiry of the Liberal Studies Program.
NOTE: This course counts toward the 63-credit Liberal Arts and Sciences (LAS) graduation requirement.
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