ECON 2107:Introduction to Economic Analysis

3 Class Hours 0 Laboratory Hours 3 Credit Hours
Prerequisite: MATH 1111 or higher.
An analysis of finance and the economics of production in society. Particular emphasis is given to the study of fiscal and monetary policies, and their impact on industry. Topics include opportunity cost, marginal productivity analysis, national income analysis, the determinants of market demand, pricing strategy, market power, the importance of the labor market in American industry, and how time and interest rates affect the economy.