APPLIED ECONOMICS
Micro- and macroeconomic analysis of consumer behavior, markets, business strategy and government policy. Topics include supply and demand, equilibrium, elasticity, welfare, trade, externalities, market structure, economic growth, unemployment, and inflation.
Topics
- supply and demand
- equilibrium
- elasticity
- welfare
- trade
- externalities
- market structure
- economic growth
- unemployment
- and inflation
Topics explicitly listed in official catalogue description
Prerequisites & course information
Requisites: Graduate/professional standing Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Apply microeconomic theories to explain consumer behavior and business strategy Audience: Graduate 2. Explain market equilibrium and price determination Audience: Graduate 3. Evaluate government policy, such as taxes, regulation, and subsidies Audience: Graduate 4. Describe the costs and benefits of international trade Audience: Graduate 5. Discuss fundamental macroeconomic concepts, such as GDP, unemployment, and inflation Audience: Graduate 6. Critically evaluate economic arguments in media and policy sources Audience: Graduate Learning Outcomes: 1. Apply microeconomic theories to explain consumer behavior and business strategy Audience: Graduate 2. Explain market equilibrium and price determination Audience: Graduate 3. Evaluate government policy, such as taxes, regulation, and subsidies Audience: Graduate 4. Describe the costs and benefits of international trade Audience: Graduate 5. Discuss fundamental macroeconomic concepts, such as GDP, unemployment, and inflation Audience: Graduate 6. Critically evaluate economic arguments in media and policy sources Audience: Graduate
Sources
- Course catalogue ↗2026-2027