This is an introductory course to economic literacy. Students will be exposed to topics such as consumer behavior, economic production and cost analysis as well as the way in which firms determine their prices in a variety of market structures. We will also take a macro view of the economy to understand national income accounting, business cycles, the banking system and money creation. Stabilizing policies such as deficit spending and taxation will be discussed at length. There is also a global aspect in the course that examines the economic impact of international trade in an open economy. This course is offered to students at large whose majors are not in Accounting, Business, or Economics. Students in the Business School must take both ECO 205 and ECO 206 to satisfy their program requirement. (C8)
Undergraduate Courses
Course Delivery DEFINITIONS:
- Online Courses: In online teaching, 100% of instruction takes place online via Canvas and with supplemental platforms like Zoom. There are two types of online courses: asynchronous and synchronous.
- Asynchronous online: Course is fully online, with lessons, assignments, and activities posted in Canvas with due dates. Students complete coursework, engage in discussions, etc., based upon their own schedules, but are required to meet posted deadlines.
- Synchronous online: Online course that includes real-time class meetings using technology (e.g. Zoom). The number of required meetings varies based upon the particular class, but meetings take place during the scheduled class times. Faculty will inform students of the schedule for real-time meetings in their courses.
- Hybrid Courses: Hybrid courses combine both in-person, on-campus meetings with online instruction. All face-to-face activities take place during the regularly-scheduled meeting times in the rooms assigned on the course listing. The number of in-person meetings varies by course. Faculty will notify students of the exact meeting schedule for their courses.
If your class is not listed as online or hybrid, it will meet fully face-to-face following the noted class schedule.
This is an introductory course to economic literacy. Students will be exposed to topics such as consumer behavior, economic production and cost analysis as well as the way in which firms determine their prices in a variety of market structures. We will also take a macro view of the economy to understand national income accounting, business cycles, the banking system and money creation. Stabilizing policies such as deficit spending and taxation will be discussed at length. There is also a global aspect in the course that examines the economic impact of international trade in an open economy. This course is offered to students at large whose majors are not in Accounting, Business, or Economics. Students in the Business School must take both ECO 205 and ECO 206 to satisfy their program requirement. (C8)
This introductory course engages students in the analysis of aggregate activity. Topics include the measurement and determination of national output, total spending, the level of employment and the forces contributing to their change over time. The course also addresses the role of money, the banking system, price level and the interest rate. Fiscal and monetary policy tools are discussed to see how discretionary policy many be used to bring the economy to a desired level. Classic and heterodox theories are used. (L10)
This introductory course engages students in the analysis of aggregate activity. Topics include the measurement and determination of national output, total spending, the level of employment and the forces contributing to their change over time. The course also addresses the role of money, the banking system, price level and the interest rate. Fiscal and monetary policy tools are discussed to see how discretionary policy many be used to bring the economy to a desired level. Classic and heterodox theories are used. (L10)
This introductory course engages students in the analysis of aggregate activity. Topics include the measurement and determination of national output, total spending, the level of employment and the forces contributing to their change over time. The course also addresses the role of money, the banking system, price level and the interest rate. Fiscal and monetary policy tools are discussed to see how discretionary policy many be used to bring the economy to a desired level. Classic and heterodox theories are used. (L10)
This introductory course provides students with tools to make sound decisions through analysis of economic decision-making elements in private, public, and not-for-profit enterprises. The course develops the economic framework necessary to evaluate production opportunities, cost analysis and price determination in competitive and non-competitive markets. Classic, heterodox, and behavioral theories are introduced. (L10)
This introductory course provides students with tools to make sound decisions through analysis of economic decision-making elements in private, public, and not-for-profit enterprises. The course develops the economic framework necessary to evaluate production opportunities, cost analysis and price determination in competitive and non-competitive markets. Classic, heterodox, and behavioral theories are introduced. (L10)
This introductory course provides students with tools to make sound decisions through analysis of economic decision-making elements in private, public, and not-for-profit enterprises. The course develops the economic framework necessary to evaluate production opportunities, cost analysis and price determination in competitive and non-competitive markets. Classic, heterodox, and behavioral theories are introduced. (L10)
This course explores the modern-day theory of the firm. The course emphasizes the economics of decision-making including: consumer behavior, determinants of demand, production and cost, price and output determination in both competitive and non-competitive markets and income distribution in the factor market. Prerequisites: MAT 180, ECO 105, ECO 106. (L10)
This course explores the modern-day theory of the firm. The course emphasizes the economics of decision-making including: consumer behavior, determinants of demand, production and cost, price and output determination in both competitive and non-competitive markets and income distribution in the factor market. Prerequisites: MAT 180, ECO 105, ECO 106. (L10)