The tools necessary for the analysis beyond the principles of economics are presented as an integral part of the course. It may be combined with ECON 201 or 203 to satisfy the collegiate requirement in the social sciences. A course that deals with the statistical techniques used to analyze economic and business data. It serves as a background for the study of econometrics and for graduate study. Index numbers and decision theory will be covered if time permits.
Computer applications are an integral part of the course.
A study of traditional price theory. The course emphasizes the development and use of tools that permit analysis of several different types of product and resource markets. A major theme is efficiency in resource allocation and major topics include demand theory, indifference curve analysis, derivation of costs, pricing behavior, resource employment and prices, and welfare economics. The course also integrates simple mathematical techniques with economic analysis. Mr. Pfitzner, Mr. Brat.