Introduction to Economics

Economics (ECON)
Course outline



Introduction to Economics covers the basics of both micro and macroeconomics: circular flow model, demand and supply, various market structures, money, Federal Reserve, income expenditure model, classical economics, economic policies, international trade, international aid, and balance of international payments. It is a liberal arts, introductory course which provides an overview of the economic system. MNTC goal area:(5)History/Social/Behavioral Science. Prerequisites: None Credits: 3 (Lec 3/Lab 0)