2024-2025 Undergraduate Catalog

ECON 102 Principles of Economics I

This is a course on the study of choice. Why do we make one choice over another? These decision-making factors define the universal language of economics. Curiously, while the rules of choice are fairly standard, the application of choice varies by individual, company, industry, and national economy. This course provides a foundation of choice for both business and non-business majors. It presents a survey of economics, introducing national income theories, price theories, and behavior of the firm under varying economic conditions, the economic role of business, government and households, economic fluctuations and growth, money and banking, and international economics. 

Credits

3

Offered

Every semester

Notes

Meets the general education social science or business management requirement.