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ECON 1013  Macroeconomics

Credits: 3.00 Credits

Macroeconomics is concerned with obtaining an overview of the basic sectors of the economy such as households, businesses, and government. In analyzing the economy we deal with such factors as total output, total levels of employment, and the general level of prices. Topics covered include the nature and method of economics, supply and demand, measuring domestic output, national income, and the price level, aggregate demand and supply, and fiscal and monetary policy.

ECON 2023  Microeconomics

Credits: 3.00 Credits

Microeconomics deals with the behavior of specific economic units such as individual households, industries, or firms within an industry. Topics covered include the nature and method of economics, demand and supply analysis, consumer behavior, price and output determination under various degrees of competition, and production and the demand for resources.