Particular attention is devoted to government fiscal and monetary policies and their impact on the economic system. Topics include an introduction to money and the financial sector as well as the role of the international sector. As part of the University s general education program, this course includes historical and global perspectives of social changes that have shaped modern economic thought. Required reading includes excerpts from Adam Smith s Wealth of Nations . This course satisfies a general education requirement in social science.
Markets are among the oldest social institutions known to man.
Microeconomics is a social science that studies the dynamics of individual markets and prices. This course focuses on the behavior of producers and consumers and the interdependence in the market process. It pays particular attention to the structure and evolution of competitive markets. As part of the University s general education program, this course includes historical and global perspectives that have shaped modern economic thought. Required reading includes excerpts from Adam Smith s Wealth of Nations .