SBS201 – Economics
General Education
Course ID
SBS201
Course Credits
3
About SBS201 – Economics
Provides an overview of economic concepts and an introduction to basic economic analysis, along with its applications and implications. Topics explored include how markets work, market efficiency and market failure, firm and consumer behavior, and policy issues such as taxation and international trade.
Topics Covered In Course
SBS201 Topics
- Economics principles, policy advising, and trade
- Supply and demand, elasticity, and government policy
- Market efficiency, taxation, and international trade
- Gross Domestic Product (GDP), Consumer Price Index (CPI), and productivity and growth
- Basic financial tools, the monetary system, and money growth and inflation