Economics
ECO 120- Economics and Management in Technology Industries
- Apply the economic principles of supply, demand, and market equilibrium to technology products and services through graphical expression
- Identify major macroeconomic variables and explain how business cycles and economic growth influence these variables
- Describe and analyze how governments attempt to correct market failures and influence the economy through regulation and fiscal and monetary policy
- Identify and examine business, management, and trade practices in technology industries in both the U.S. and across regions and cultures around the world
- Develop and deliver professional level business reports and presentations
ECO 140- Principles of Macroeconomics
- Apply the economic principles of supply, demand, and market equilibrium through graphical expression.
- Identify major macroeconomic variables and explain how business cycles and economic growth influence these variables.
- Evaluate the role and functions of financial institutions and the Federal Reserve in the economy.
- Distinguish between fiscal and monetary policy and evaluate appropriate options to achieve macroeconomic goals.
- Examine international economic relationships and systems, including the respective role of governments.
- Identify global socioeconomic and environmental challenges and evaluate public policy proposals to address them with an appreciation for regional and cultural differences
ECO 150- Principles of Microeconomics
- Apply the economic principles of supply, demand, elasticity, and market equilibrium through graphical expression.
- Explain the principles of comparative advantage and how they apply to trade.
- Determine profit, loss or breakeven production levels for various market structures.
- Analyze how consumer behavior is both influenced by and is responsible for market forces and societal outcomes.
- Distinguish among private goods, public goods, and common resources, along with the appropriate roles for businesses, non-profit organizations, and governments.
- Evaluate the strengths and weaknesses of market systems with respect to efficiency, equity, and externalities and how governments address market failures.