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Economics (ECO)

ECO 101  (3 credit hours)  
Contemporary Economic Issues  

Covers contemporary economic issues such as inflation, poverty and affluence, globalization, and environmental pollution. Lecture: 3 credits (45 contact hours).

Attributes: SB - Social Behavior Science, Course Also Offered in Modules
Components: LEC: Lecture
ECO 150  (3 credit hours)  
Introduction to Global Economics  

Covers the causes and issues of global economic interdependence, with particular emphasis on cross-cultural implications of globalization. Includes global economic issues such as economic development, global economic governance, changing demographics, health care, world poverty, changing patterns of food production, global energy use, and the economic consequences of global environmental issues. Lecture: 3.0 credits (45 contact hours).

Attributes: Cultural Competence, SB - Social Behavior Science
Components: LEC: Lecture
ECO 201  (3 credit hours)  
Principles of Microeconomics  

Covers the allocation of scarce resources from the viewpoint of individual economic units. Topics include supply and demand, elasticity, costs, and markets. Lecture: 3 credits (45 contact hours).

Attributes: SB - Social Behavior Science, Course Also Offered in Modules
Components: LEC: Lecture
ECO 202  (3 credit hours)  
Principles of Macroeconomics  

Covers how society's needs are satisfied with the limited resources available. Includes issues such as inflation, unemployment, economic growth, globalization, and fiscal and monetary policy. Lecture: 3 credits (45 contact hours).

Attributes: SB - Social Behavior Science, Course Also Offered in Modules
Components: LEC: Lecture
ECO 1011  (1 credit hours)  
How Markets Work  

Covers the foundations of contemporary economic issues emphasizing scarcity, choice, benefits, costs, and supply and demand. Lecture: 1 credit (15 contact hours).

Components: LEC: Lecture
ECO 1012  (1 credit hours)  
Markets and Macroeconomic Goals  

Covers contemporary economic issues such as price indices, efficiency, equity, poverty and welfare. Lecture: 1 credit (15 contact hours).

Pre-requisite: ECO 1011.
Components: LEC: Lecture
ECO 1013  (1 credit hours)  
Markets and Regulation  

Covers contemporary economic issues such as externalities, market failure, globalization, and environmental pollution. Lecture: 1 credit (15 contact hours).

Pre-requisite: ECO 1012.
Components: LEC: Lecture
ECO 2011  (0.75 credit hours)  
The Role of Economics  

Covers the allocation of scarce resources from the viewpoint of individual economic units. Topics include the circular flow of resources in the economy, the production possibilities frontier, and opportunity cost. Lecture: 0.75 credit (11.25 contact hours).

Components: LEC: Lecture
ECO 2012  (0.75 credit hours)  
How Markets Work  

Covers the allocation of scarce resources from the viewpoint of individual economic units. Includes supply and demand and government intervention in markets. Lecture: 0.75 (11.25 contact hours).

Pre-requisite: ECO 2011.
Components: LEC: Lecture
ECO 2013  (0.75 credit hours)  
Markets and Welfare  

Covers the allocation of scarce resources from the viewpoint of individual economic units. Includes consumer and producer decision making and the equity and efficiency of markets. Lecture: 0.75 credit (11.25 contact hours).

Pre-requisite: ECO 2012.
Components: LEC: Lecture
ECO 2014  (0.75 credit hours)  
Firm Behavior and Market Structures  

Covers the allocation of scarce resources from the viewpoint of individual economic units. Includes competitive and non-competitive markets. Lecture: 0.75 credit (11.25 contact hours).

Pre-requisite: ECO 2013.
Components: LEC: Lecture
ECO 2021  (0.75 credit hours)  
Measuring Macroeconomic Outcomes  

Covers how society's needs are satisfied with the limited resources available. Includes national income accounting, inflation, and unemployment. Lecture: 0.75 credit (11.25 contact hours).

Components: LEC: Lecture
ECO 2022  (0.75 credit hours)  
Basic Macroeconomic Relationships  

Covers how society's needs are satisfied with the limited resources available. Topics include the aggregate expenditure model, aggregate supply and aggregate demand. Lecture: 0.75 credit (11.25 contact hours).

Pre-requisite: ECO 2021.
Components: LEC: Lecture
ECO 2023  (0.75 credit hours)  
Stabilization Tools  

Covers how society's needs are satisfied with the limited resources available. Includes economic growth, fiscal policy, and monetary policy. Lecture: 0.75 credit (11.25 contact hours).

Pre-requisite: ECO 2022.
Components: LEC: Lecture
ECO 2024  (0.75 credit hours)  
The International Economy  

Covers how society's needs are satisfied with the limited resources available. Includes international trade and international finance. Lecture: 0.75 credit (11.25 contact hours).

Pre-requisite: ECO 2023.
Components: LEC: Lecture