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ECON 1000 — - Introduction to Economics

3 credits · 3 hours

This course for non-Business majors provides students with basic general knowledge of economics and the ability to apply key economic principles to everyday events. We cover basic concepts from both microeconomics and macroeconomics views of the economy. We discuss an overview of economic systems as they relate to individuals and governments choices, as well as supply and demand, producer choice, and market structures. We analyze the wider economy by briefly looking at concepts such as gross domestic product, unemployment, inflation, economic growth, and the impact of government policies on the overall economy. Lecture: 3 hours Course completes the following requirements: Critical Thinking Quantitative Literacy Social Sciences Requirement URI/RIC Transfer General Education Transfer Opportunity: Yes

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