ECON100
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Essentials of Economics
Course Description
This introductory course in economics covers the essential topics of the economics discipline such as the behavior of consumers and businesses in a market economy, the health of an economy and how economic gains are realized. Analytical tools are used to study production decisions under non-competitive markets to competitive markets. Economic measurements are presented to analyze the health of an economy.
1. Demonstrate the economic way of thinking in decision making.
2. Illustrate how markets allocate resources through the interactions of demand and supply.
3. Differentiate market structures to assess their implications for efficiency, equity, and profitability.
4. Evaluate the health of a national economy.
5. Illustrate the impact of trade policies on the relative health of two or more economies.
Programs
ECON100
is a
completion requirement
for: