This course is designed to introduce economics to non-business majors. It offers students a broad knowledge of economic issues and institutions relevant to the contemporary world, and provides them with the basic rules for efficient decision making for households and business firms. Topics include supply and demand, costs, profits, fiscal and monetary policies.
Special attention is paid to international economic relations.
EC 200 is a writing intensive course . Students must sign attendance sheet for every session. Attendance records will be taken into consideration when exam scores fall in borderline cases. Grades Two grades will be issued for this course. Topics covered include the theory of household behavior, input and output decisions of the firm under different market structures.