Franklin University reserves the right to alter course offerings or course content without notice. Not all courses are offered every trimester. Not open to students with credit for Economics II or Economics 202. It is recommended that students complete this course within the first 60 hours of coursework. An introduction to economic theory involving the firm as the basic unit of analysis.
Emphasis is placed on demand, supply and equilibrium analysis, elasticity, and basic market models.
In addition, applications such as factor market analysis and international trade theory are developed. Not open for students with credit for Economics I or Econ 201. It is recommended that students complete this course within the first 90 hours of coursework. An introduction to economic theory involving the basic underlying causes and principles of the operation of our economic system. Emphasis is placed on aggregate supply and demand of goods and services, the theory of national income determination, business cycles, monetary and fiscal policy, the international flow of funds, and exchange rate determination.