May be used to fulfill the Global Cultures and Perspectives component of the General Education Requirements. An analysis of the role of the government sector in a market economy. Causes of market failure, the efficient provision of public goods and the effects of taxation are considered as they relate to economic activity. Money and Banking. A study of the institutions, principles and problems of money and banking in the United States.
Special attention is given to the basic elements of monetary theory and policies.
Economic History of the United States. The history of the economic development of the United States from the colonial period to the present. Modern European Economic History. A history of the economic development of Western Europe from 1750 to the present. Emphasis is on the role of the industrial revolution and its impact on the modern person.