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  - 200
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ECON 242 Introduction to Economics

This course introduces students to theories, concepts and ideas that form the economist’s tool kit encompassing both the microeconomic and macroeconomic environments. Microeconomic topics include demand and supply, elasticity, consumer choice, production, cost, profit maximization, market structure, and game theory while the Macroeconomic topics will be business cycles, GDP, inflation, unemployment, aggregate demand, aggregate supply, fiscal and monetary policies. In addition, basic concepts in international trade will be discussed.

Credits

3

Distribution

School of Business

Offered

Fall Semester Spring Semester