Economics, AA-T
Economics is the study of how society allocates scarce resources—such as land, labor, and capital—in an attempt to satisfy unlimited wants. It is broadly divided into two branches: macroeconomics and microeconomics. Macroeconomics is concerned with the workings of the economy as a whole. It is the study of broad measures of economic performance: Gross Domestic Product, unemployment, and inflation. Microeconomics focuses on the role of individual decision-makers—consumers and firms—and analyzes the efficiencies and failures of a market system. The two branches approach the fundamental questions of resource allocation from opposite sides: one from the perspective of the economy as a whole and
Courses
- POLS C1000 — AMERICAN GOVERNMENT AND POLITICS
- PSYC C1000 — INTRODUCTION TO PSYCHOLOGY
- PSYC C1000H — INTRODUCTION TO PSYCHOLOGY - HONORS
- STAT C1000 — INTRODUCTION TO STATISTICS