Course Description
Fundamental ideas in economics: scarcity, substitution, opportunity cost, marginal analysis, gross domestic product, real and nominal magnitudes. Supply and demand analysis. Microeconomic analysis of pricing in competitive and noncompetitive markets. Macroeconomic analysis of production, employment, the price level, and inflation. Monetary and fiscal policy and the stabilization of the economy. Comparative advantage and international trade. Credit will not be given for both EC 205 and either EC 201 or ARE 201. Credit will not be given for both EC 205 and EC 202.
Fall 2024
Instructors
Meeting Patterns
Classes Start:
August 19, 2024
Classes End:
December 3, 2024
Location:
01140 Nelson Hall
Class Days:
F
Class Start Time:
10:40am
Class End Time:
11:30am
Class Type:
Recitation
Credits:
0.00
Restrictions:
Credit is not allowed for both EC 205 and EC 201 or ARE 201 or EC 202.
