ECN-211 Macroeconomic Principles
Course Description: A descriptive analysis of the structure and functioning of the American economy. Emphasis on basic economic institutions and factors that determine national income and employment levels. Consideration given to the macroeconomic topics of national income, unemployment, inflation, and monetary and fiscal policies.
ECN-212 Microeconomic Principles
Course Description: Microeconomic analysis including the theory of consumer choice, price determination, resource allocation, and income distribution. Includes non-competitive market structures such as monopoly and oligopoly; and the effects of government regulation.
MICROECONOMICS
| -- consumer behavior | -- fixed costs | -- scarcity of resources |
| -- consumer spending | -- market mechanisms | -- supply and demand |
| -- consumer debt | -- monopoly | -- taxation policy |
| -- consumer theory | -- relative prices | -- variable costs |
MACROECONOMICS
| -- consumption | -- international finance | -- output |
| -- energy | -- international trade | -- price indexes |
| -- fiscal policy | -- investment | -- saving |
| -- GDP (gross domestic policy) | -- monetary policy | -- unemployment (rates) |
| -- inflation | -- national income |