The course is designed to expose non-business majors to a broad range of eonomic 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.
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. C onsiders economic theory and current problems of monetary and fiscal policy, regional economic integration, land reform, export patterns, and industrialization. The emphasis is institutional rather than analytical. A course concerned with problems of economic growth in the less developed countries. Consideration is given to patterns and problems of human and material resource utilization, capital formation, investment criteria, inflation and the development of innovative techniques.