PRINCIPLES OF ECONOMICS-ACCELERATED TREATMENT

Prerequisites & course information

Requisites: MATH 112 or 113 or placement into MATH 221 . Not open to students with credit for ECON 101 or 102 Course Designation: Core GenEd - Mathematics & Quantitative Reasoning Comm QR - Quantitative Reasoning B Breadth - Social Science Level - Elementary L&S Credit - L&S Liberal Arts and Science Honors - Accelerated Honors (!) Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Explain basic economic concepts such as scarcity, opportunity cost, supply and demand, market failure, and national income accounting relationships. Audience: Undergraduate 2. Describe U.S. fiscal/monetary institutions and functions. Audience: Undergraduate 3. Recognize how households and firms respond to incentives and make economic decisions, and apply marginal analysis and cost-benefit analysis in a variety of settings. Audience: Undergraduate 4. Identify sources of long-run economic growth and short-run economic fluctuations, and evaluate policy tools for addressing both. Audience: Undergraduate 5. Identify and apply mathematical models to answer microeconomic and macroeconomic questions. Audience: Undergraduate 6. Interpret economic data, and express relationships among economic variables verbally, graphically, and numerically. Audience: Undergraduate 7. Read current news articles and recognize and critique economic arguments. Audience: Undergraduate Learning Outcomes: 1. Explain basic economic concepts such as scarcity, opportunity cost, supply and demand, market failure, and national income accounting relationships. Audience: Undergraduate 2. Describe U.S. fiscal/monetary institutions and functions. Audience: Undergraduate 3. Recognize how households and firms respond to incentives and make economic decisions, and apply marginal analysis and cost-benefit analysis in a variety of settings. Audience: Undergraduate 4. Identify sources of long-run economic growth and short-run economic fluctuations, and evaluate policy tools for addressing both. Audience: Undergraduate 5. Identify and apply mathematical models to answer microeconomic and macroeconomic questions. Audience: Undergraduate 6. Interpret economic data, and express relationships among economic variables verbally, graphically, and numerically. Audience: Undergraduate 7. Read current news articles and recognize and critique economic arguments. Audience: Undergraduate