SBS 1120 - Introduction to Economics

Credits: 3

This course provides an introduction to microeconomics and macroeconomics. The course begins by focusing on microeconomics and the study of individual consumer and firm behavior. In the second part of the course, the emphasis changes to macroeconomics, which involves the study of the economy as a whole—especially issues related to output, unemployment, productivity, inflation, and growth. Upon successful completion of this course, students have a greater understanding of the economy and economics as a field of study.

Prerequisites: EN 1110 - Composition I

Course Learning Outcomes:

Understand basic economic theories.
Understand how microeconomic theories apply to and help understand consumer behavior.
Understand macroeconomics, the economy as a whole, economic indicators, productivity, inflation, and growth.
Understand how macroeconomic theories apply to specific industries.

SBS 1120 Course Learning Outcome Rubric