One semester of a standard two-semester sequence for those considering further work in management or economics. Includes the 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; market failures and governmental regulation; income distribution; and poverty. Effective Fall 2020, this course fulfills a single unit in each of the following BU Hub areas: Ethical Reasoning, Social Inquiry I, Critical Thinking.

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