Catalog Course Description

The course provides a survey of economics principles and methods. It covers both microeconomics, the study of consumer choice, firm behavior, and market interaction, and macroeconomics, the study of economic growth, unemployment, and inflation. Special emphasis is placed on the application of economic tools to contemporary economic problems and policies. Economics 2 differs from Economics 1 in that it has an additional hour of lecture per week and can thus cover topics in greater depth. It is particularly appropriate for intended economics majors.

Fall Term

3 hours of Instructor presentation of course materials per week and 8 hours of Outside Work Hours per week and 1 hours of The exchange of opinions or questions on course material per week.

Spring Term

3 hours of Instructor presentation of course materials per week and 8 hours of Outside Work Hours per week and 1 hours of The exchange of opinions or questions on course material per week.