ECO 510 - Essentials of Economics

Accelerated introduction to microeconomic and macroeconomic principles. Analysis of markets, consumers, business firms and government agencies and the market mechanism for determining resource use and income distribution. Introduction of the factors that determine macroeconomic activity and governments’ policies regarding trade. Topics, discussions and examples will illustrate the applicability of economic principles to business decisions and to international trade and finance. Does not count toward the degree.