An applied math background, particularly in probability and statistics, is strongly encouraged, and completion of an introductory statistics or econometrics course (CASMA 113, CASMA 115, CASMA 116, CASMA 214, QSTQM 221, CASEC 203/303) is recommended. Microeconomics covers concepts and tools pertaining to demand and supply, consumer behavior, production theory, market structures and income distribution theories. Macroeconomics covers markets and market properties, equilibrium conditions under certainty, unemployment, policy adjustments and responses to fluctuations in the economy. Effective Spring 2026, this course fulfills a single requirement in each of the following BU HUB areas: Critical Thinking, Quantitative Reasoning 1, Social Inquiry I.

Note that this information may change at any time. Please visit the MyBU Student Portal for the most up-to-date course information.