ECON 181 - Introduction to Business Economics

4 credit(s)
Examines issues at both the micro- and macroeconomic level. Microeconomics focuses on the decisions made by individuals, businesses, and governments faced with scarce resources. Individuals buy goods and services from businesses in markets. Businesses seek to produce goods and services that individuals and other businesses value highly relative to costs of production. Macroeconomics studies the economy in aggregate to address issues such as unemployment, inflation, interest rates, government budget deficits and surpluses, and patterns of international trade and investment. Students will apply economic frameworks and data analysis to explore a wide-range of real-world examples.
Core Requirement(s): Counts towards core requirement: Quantitative Reasoning