Economics

Check back on December 15th for Summer 2010 courses.

College of Arts and Sciences

Introductory Microeconomic Analysis
CAS EC 101
One semester of a standard two-semester sequence for those considering further work in management or economics. Coverage includes economics of households, business firms, and markets; consumer behavior and the demand for commodities; production, costs, and the supply of commodities; price determination; competition and monopoly; efficiency of resource allocation; governmental regulation; income distribution; and poverty. 4 cr.

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Introductory Macroeconomic Analysis
CAS EC 102
One semester of a standard two-semester sequence for those considering further work in management or economics. National economic performance; the problems of recession, unemployment, and inflation; money creation; government spending and taxation; economic policies for full employment and price stability; and international trade and payments. 4 cr.

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Intermediate Microeconomic Analysis
CAS EC 201
Prereq: CAS EC 101 or EC 111. Determination of commodity prices and factor prices under differing market conditions of competition and monopoly. 4 cr.

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Intermediate Macroeconomic Analysis
CAS EC 202
Prereq: CAS EC 102 or EC 112. Determination of aggregate income and employment. Analysis of fiscal and monetary policy. Inflation and incomes policy. Problems of the open economy. 4 cr.

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