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Two major types of economics courses are macroeconomics and microeconomics. Each of these categories often has a secondary introductory level teaching theory specific to that level of analysis. The categories may be further subdivided into applied and theoretical courses.
Course Title: Principles of Macroeconomics Course Description: An analysis of the economy as a whole including measurement and determination of Aggregate Demand and Aggregate Supply, national income, inflation, and unemployment.
This course is a comprehensive introduction to economics, including both microeconomics and macroeconomics. Although it is Reed's introductory course, it is taught at a level that is considered "intermediate" at most other colleges and universities.
Prereq: ECON 101 or ECON 100/COMM 103; Not open to Math students. Coreq: ECON 211 or Science and Business students or Biotech/Chartered Professional Accountancy students. This course explores international trade in goods and services, as well as the international exchange of financial assets.
Macroeconomics is a branch of economics that deals with how an economy functions on a large scale. It differs from microeconomics, which deals with how individual economic players, such as consumers and firms, make decisions.
Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.
ECON 201 – 3 credits – Introduction to Macroeconomic Principles examines the national economy including income, savings, investment, government economic activity and policymaking. Primary concepts of money and banking, economic growth, global economics, and related current issues and problems are also explored.
The course objective is to introduce and teach you microeconomic concepts, including supply and demand, resource allocation, consumer behavior, market structures, and government impact.
It's impossible to understand microeconomics without a study of macroeconomics first. Research has shown students who study macro first perform better academically in both macro and micro than students who study micro first.
The only Math course required for the Economics major is MATH 1110, which covers differential calculus.
Economics majors study how individuals, communities, corporations, and even nations decide to use their limited resources. Despite having a reputation of being only about money, the study of economics can be applied to food and water, health care, education, environmental policy, and more.
I'm a first year student at UBC, and out of all the courses I have taken, ECON (101/102) has been the hardest one, and Im not quite sure why. Every time I go into a midterm/exam thinking im ready, I end up realizing that I will under perform again after looking at the exam.
How does diminishing marginal product affect the shape of the production function? The slope of the production function increases as the quantity of input
How does diminishing marginal product affect the shape of the production function? The slope of the production function increases as the quantity of input
Bernie Sanders is campaigning to become the Democratic nominee for president. One of his positions involves the banking industry. He argues that the banking
Bernie Sanders is campaigning to become the Democratic nominee for president. One of his positions involves the banking industry. He argues that the banking