Course Description: Microeconomics is an overview course that covers how households (consumers),firms (producers), and governments interact in competitive and other markets to set prices, and determinewhat and how much is produced. Key concepts introduced include the role of scarcity and choice, incentivesand competition, and the law of supply and demand.
The mission of American Public University System is to provide high quality higher education with emphasison educating the nation’s military and public service communities by offering respected, relevant, accessible,affordable, and student-focused online programs that prepare students for service and leadership in adiverse, global society.
Macroeconomics is concerned with the study of the structure of an aggregate economy and its basic sub-divisions such as government, households and businesses and the relationship between these majorcomponents. It addresses the issues of economic growth, recession, unemployment, inflation, internationaltrade, and the role of government and its policies for stabilizing the economy including monetary policy andfiscal policy.
The mission of American Public University System is to provide high quality higher education with emphasison educating the nation’s military and public service communities by offering respected, relevant, accessible,affordable, and student-focused online programs that prepare students for service and leadership in adiverse, global society.