ECO 110S - Principles of Economics

Institution:

University of Maine at Farmington

Subject:

Description:

Introduces the tools and techniques of economic analysis. Topics include measurement of aggregate economic activity, relationship of consumption and saving to income, elements of aggregate demand, money and banking systems, fiscal and monetary policies designed to maintain full employment and price stability, and international trade. Also introduces the economic choice behavior of individual households, business firms, and resource owners. Topics include resource allocation, supply and demand analysis, cost analysis, and price and output determination under different market structures. Every semester Credit: 4

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.umf.maine.edu

Phone Number:

(207) 778-7000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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