The foundational courses are devoted to the development and application of fundamental analytical tools and principles to understand major economic problems and the policy alternatives available to address them. Particular emphasis is placed on microeconomic analysis. Topics include the study of markets under different conditions of competition, including market imperfections such as pollution, price and resource allocation, income distribution, issues of poverty, the economics of firms and governments, and international economic relations.

2. ECO 212. Principles of Macroeconomics. 3 Credit Hours.

Fundamental courses dedicated to macroeconomic analysis. Topics include national income and employment analysis, money and banking, economic growth, and a comparison of different economic systems, including issues in developing and less developed countries.

3. ECO 213. Principles of Economics. 4 Credit Hours.

This course introduces the study of the economic behavior of individuals, firms, and markets; and the analysis of the economy as a whole, including short-term fluctuations (business cycles) and the long-term determinants of economic growth.

4. ECO 300. Microeconomic Theory and Applications. 3 Credit Hours.

An intermediate analysis of the role of market prices in resource allocation with varying degrees of competition. It focuses on individual and corporate decision-making processes and welfare consequences. Special attention is paid to economic applications

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