The course is designed to expose non-business majors to a broad range of economic issues and policies. The course will emphasize current trends in economic thought and selected topics of current interest. May not be taken for credit toward any degree plan in the College of Business Administration. A survey of basic principles of economics designed to provide an analytical understanding of markets, prices, and production. A description of the history and present characteristics of the money and banking structure of the United States.
Special emphasis is placed on monetary policy as it affects the level of economic activity.
Location theory, factors influencing regional growth and techniques of analysis. Description of economic regions and analysis of interaction among economic regions. Topics covered include urban growth patterns, metropolitan economic performance, real estate markets, local public finance, and location theory. A study of the impact of government policy on the economy, emphasizing effects of governmental regulation on manufacturing and service industries, public utilities, and other segments of the economy. The emphasis is institutional rather than analytical.