ECON 107 - Principles of Economics

Units: 3
Economic principles relevant to issues across social science domains. Use of analytical skills to interpret, compare, and synthesize economic information and data. Applying economic methods like marginal, equilibrium, micro, macro, positive, and normative analysis to explain behavior in everyday life.

Possible Instructional Methods: On-ground, or Hybrid, or Online-Asynchronous, or Online-Synchronous.
Grading: A-F grading only.
Course Typically Offered: Fall, Spring, or Summer

Student Learning Outcomes - Upon successful completion of this course students will be able to:

Explain the relationship between scarcity and economic decision-making.
Analyze the effects of government policies on market outcomes.
Compare and contrast different economic systems.
Evaluate the role of competition and property rights in a market economy.
Assess the impact of international trade and globalization on the economy.