Basic Economics (ECO-105)
A one-semester course, concentrating on macro- and micro-economic issues. Operations of a market economy using the fundamental principles of supply and demand, production costs and basic market models. National income and our monetary system. Interaction of monetary and fiscal policies to accomplish economic objectives. Students will be able to understand the overall functioning of our market and national economy. Prerequisites: ENG 087, MAT 011. 3 lecture hours per week. 3 credit hours.