ECO 110 Introduction to Economics
An introduction to economic theory with attention to the construction of simple economic models dealing with consumer behavior, production, pricing, distribution, monetary theory, and national income determination.
At the end of the course, students will be able to analyze the behavior of various markets in the economy, the reasons markets fail, the role of the government in cases of market failure, and analyze the performance of an economy in the short run and/or the long run.