ECON 231. Principles of Economics I (3)

Topics covered include the basic functioning of an economic system, laws of supply and demand, national income accounting, business cycles, consumption, savings, and investment concepts, monetary and fiscal policy; and money and the banking system. Prerequisite: MATH 132 or permission of instructor.

ECON 232. Principles of Economics II (3)

Topics covered include applications of supply and demand elasticity, the market structures under American capitalism, pricing and factors of production; comparative advantage between regions and economic specialization; comparative economic systems; and an economic look into the decade ahead. Prerequisite: ECON 231 or permission of instructor.

ECON 331. Intermediate Macroeconomic Theory (3)

Further study of price and allocation theory with emphasis on: cost and revenue, consumer behavior, marginal analysis, market demand and supply, structures and functions. Prerequisite: ECON 232 or permission of instructor.

ECON 332. Intermediate Microeconomic Theory (3)

Further study of aggregate income and employment analysis, economic growth, and pricing level. Prerequisite: ECON 232.

ECON 336. Managerial Economics (3)

The study of the Application of Microeconomic theory to management decision making. Prerequisite: ECON 232.

ECON 438. Labor Relations (3)

A study of labor markets, labor unions and labor laws in the USA. Prerequisite: ECON 232.