ECON 100 Principles of Macro Economics (3 units)
Introduction to the U.S. economy and its institutions in a global context. Measuring output, unemployment, and inflation. Theory of the determination of output and prices for individual markets and the economy as a whole. Analysis of money, banking, and interest rates. Government fiscal and monetary stabilization policies. Current economic topics.
ECON 102 Principles of Microeconomics (3 units)
Introduction to the functioning of markets. Theory of the determination of output and prices for markets under competitive and noncompetitive conditions. Analysis of firms’ costs and revenues. Government tax and regulatory policies in response to imperfect competition and market failures. Current economic topics such as international trade and labor markets.