Economics (ECON)

ECON 1000  - Introduction to Economics  
(3 Credits)  
This course for non-Business majors provides students with basic general knowledge of economics and the ability to apply key economic principles to everyday events. We cover basic concepts from both microeconomics and macroeconomics views of the economy. We discuss an overview of economic systems as they relate to individuals and governments choices, as well as supply and demand, producer choice, and market structures. We analyze the wider economy by briefly looking at concepts such as gross domestic product, unemployment, inflation, economic growth, and the impact of government policies on the overall economy.

Lecture: 3 hours
  
Course completes the following requirements:
Social Sciences Requirement
  
ECON 2030  - Principles of Microeconomics  
(3 Credits)  
This course studies microeconomics principles with emphasis on comparative advantage, market system, consumer theory, resource allocation, and industrial organization.

Lecture: 3 hours
  
Prerequisite(s): (MATH 0600 or MATH 0101 (may be taken concurrently) or Math Accuplacer)
  
Course completes the following requirements:
Gen.Ed. Ability 2A
Gen.Ed. Ability 3B
Social Sciences Requirement
  
URI/RIC Transfer General Education Transfer Opportunity: Yes  
ECON 2040  - Principles of Macroeconomics  
(3 Credits)  
This course studies macroeconomic principles with emphasis on the market system, national economy, international trade and fiscal and monetary policy.

Lecture: 3 hours
  
Prerequisite(s): (MATH 0600 or MATH 0101 (may be taken concurrently) or MATH 0100 (may be taken concurrently) or Math Accuplacer)
  
Course completes the following requirements:
Gen.Ed. Ability 2A
Gen.Ed. Ability 3B
Social Sciences Requirement
  
URI/RIC Transfer General Education Transfer Opportunity: Yes