ECON 120 - General Economics

5.0 Credits
A survey of economic principles applied to a wide range of social problems. Domestic markets, government intervention, inflation, and the global economy are all considered.

Course Objectives
Upon successful completion of this course, students will be able to:

Apply supply and demand analysis to a variety of examples. [REASON]
Calculate how firms maximize profits. [REASON]
Describe the determinants of aggregate spending and multiplier effects. [REASON]
Explain and demonstrate how the tools of fiscal and monetary policies affect the economy. [REASON]
Use comparative advantage to explain the role of foreign trade. [COMMUNICATE]