200
Provides understanding of basic principles of economics, methods of National Income accounting, inflation, unemployment, role of government, money and banking, monetary policy, and international economics. Credit may not be earned in more than one of ECO 201 and ECO 204. (University Program Group III-B: Studies in Social Structures)
Credits
3(3-0)
Prerequisites
None.
Corequisites
None.
Introduction to scarcity, choice, and opportunity cost; supply and demand; welfare economics; household and firm behavior; competition and monopoly; resource markets. Credit may not be earned in more than one of ECO 202 and ECO 203. (University Program Group III-B: Studies in Social Structures)
Credits
3(3-0)
Prerequisites
None.
Corequisites
None.
Study of the economics and industrial relations systems of professional sports leagues in baseball, football, basketball, and hockey in North America.
Credits
3(3-0)
Prerequisites
None.
Corequisites
None.
Examines the roles of self-interest, altruism, expectations and information in individual and group decision-making. In-class experiments simulate market behavior and test theoretical predictions. Quantitative Reasoning. (University Program Group III-A: Behavioral Sciences)
Credits
3(3-0)
Prerequisites
None.
Corequisites
None.
Rapid development of Pacific Rim economies and its impact on our economy is studied. The roles of history and culture in economic policy are studied. (University Program Group IV-B: Studies in Cultures Outside of the Anglo-American Tradition)
Credits
3(3-0)
Prerequisites
None.
Corequisites
None.