ECON 1303 - Introduction to Economics

Institution:

Arkansas State University-Beebe

Subject:

Description:

Introduction to fundamental economic concepts including scarcity, choice, opportunity cost, basic demand and supply and their application involving critical reasoning skills in a market-orientated economic system of organization. Essential Macroeconomic and Microeconomic problems, possible solutions and market implications will be examined. Additional topics include: economic goals and tradeoffs, marginal benefit marginal cost, production possibilities and comparative advantage, unemployment, and inflation. Prerequisite: MATH 0003.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.asub.edu

Phone Number:

(501) 882-3600

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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