Economics

Economics introduces the principles and the applications of economics in everyday life. Students develop an understanding of limited resources and compare it with unlimited wants and needs. Economics allows students to learn how individual and national economic decisions are made to allocate goods and services among competing users, problem solve as they focus on understanding economic problems, learn the laws of demand and supply, examine market organization (labor and financial markets), discover how firms deal with competition, and how poverty and economic inequality impact individuals in the community. The goal of this single-semester course is for students to develop the critical skills of analysis, synthesis, and evaluation in a demanding and thoughtful academic setting focused on developing their own views on current economic and monetary issues.