A one-semester introduction to the principles of both micro and macroeconomics. Microeconomics topics include theory of demand and supply, cost of production, competition theory and policy, alternative theories of the firm, externalities and a study of equity and poverty. Macroeconomics topics include the fundamental components of gross domestic product (GDP), the problem of inflation and unemployment, the impact of government fiscal and monetary policies and economic growth.
- Teacher: Luvlene Salton