Real Life Economics

Course Code

ECON 150

Academic Year

2016-2017

Understanding the importance and impact of today's economic issues on everyday life is a powerful asset in our rapidly changing world. This introductory course will focus on the basic elements of macro and microeconomics, their inter-relationships, and the importance they have to issues in daily life. An emphasis on explaining, analyzing, and applying key concepts will lead to better informed viewpoints about today's economic issues. Students will study basic economic principles and how they relate to major economic issues in our society- such as inflation, unemployment, and changes to our standard of living. An exploration of government regulations and programs, free -market systems, and international trade represent other areas of study which, when explored, will generate a better understanding of their importance and relationship to our economy and life-styles.