Principles of Economics

3 Credits · Level: Undergraduate

This course is an introduction to economic concepts and basic economic theory. It will introduce you to the terminology and methodology of the economist. The course is split between the study of microeconomics, which focuses on the decision making of individual consumers and firms, and macroeconomics, which focuses on aggregate level economic questions such as interest rates, government spending, among others. In this course, you will use economic tools to analyze and evaluate consumer behavior, producer behavior as well as government behavior. Government behavior includes creating public policies and addressing poverty and welfare questions.