Undergraduate Program
Economics is the science of choice-the science that explains the choices made by individuals and organizations. Among the topics studied in economics are: the determination of the prices and quantities of goods; consumer and firm behavior; international trade; income distribution; taxes, subsidies and tariffs; the determination of the aggregate level of economic activity; unemployment; inflation; and economic growth.
Economics is an important component of the liberal arts curriculum and provides a useful background for students planning to enter any of the professions. Introductory Economics, Micro- (001) and Macroeconomics (002), are prerequisites for all other offerings of the Economics Department. In addition to these two courses, the Economics Department offers Intermediate Micro- (101) and Macroeconomics (102), Statistics for Economists (103) and a number of courses in theory and methods, industrial organization, history and development, political economy, policy analysis, economic systems and international economics.
Econ 001 covers microeconomics: the decisions of individual people and firms, the determination of prices and quantities of individual goods, wages for various classes of workers, and the theoretical basis for international trade. Government policies, such as taxes, subsidies, tariffs, trade quotas and income distribution are discussed.
Econ 002 is devoted primarily to macroeconomics, with emphasis on the determination of the aggregate level of economic activity, economic growth, analysis of government policies, short-run economic stability (the degree of unemployment and the rate of inflation), long-run economic growth and international finance. Econ 001 is a prerequisite for Econ 002.
For more information, contact Lynn Costello
|
Petra Todd
Undergraduate Chair |
 |
Lynn Costello
Undergraduate Coordinator
Major/Transfer Inquiries - pls. email to: |
 |