James DeNicco

Introduction to the basic concepts of microeconomics and macroeconomics. Microeconomics component includes analysis of supply and demand, consumer and producer behavior, and competitive and noncompetitive market equilibria, with applications to current policy issues. Macroeconomics component provides an overview of the determination of national output, employment, interest rates, and inflation, and analyzes monetary fiscal policies and international trade. Designed for both non-majors and majors.

Provides one hour of university credit for faculty-approved internship. Students must obtain approval from a member of the department’s undergraduate committee and must submit an offer letter from the internship provider as well as a letter indicating completion and satisfactory performance. Repeatable for Credit.

This course will introduce students to economic principles and tools relevant for policy analysis. The course covers topics such as household decision-making, the economics of information, risk and uncertainty, markets and market structure, externalities and other types of market failure, behavioral economics, game theory, and welfare economics. Students will see how the application of economic theory to policy questions informs and guides social policy analysis.