ECON 1:
Principles of Economics
The economic way of thinking and the functioning of a modern market economy. The behavior of consumers and firms. Markets for goods and inputs. Analysis of macroeconomic variables: output, employment, inflation, interest rate. Determination of long-run growth and short-term fluctuations. The role of government: regulation, monetary, and fiscal policy.
Terms: Aut, Win, Spr, Sum
| Units: 5
| UG Reqs: GER:DB-SocSci, WAY-SI