Economics

Course Descriptions

ECON 1010
MACROECONOMICS
A beginning study of how economic society is organized and uses scarce resources to provide for its material wants. Topics to be covered include national income analysis, business cycles, the banking system, monetary and fiscal policy, and inflation and unemployment.
Prerequisite: None

ECON 1020
MICROECONOMICS
A basic study of value and price theory, monopoly and public policy, markets for productive goods and services, alternative forms of economic organization, and international trade.
Prerequisite: ECON 1010 (C or better)

ECON 1200
ECONOMICS, LAW & GOVERNMENT
Markets and free enterprise depend on supportive legal and political institutions. This course investigates the influence of these governmental and legal institutions on markets and individual economic decisions. By exposing students to the U.S. political economy, they will see important relationships between market development, the legal framework, and the political system. The U.S. and Wyoming constitutions are studied to show their importance to free enterprise. Alternative views of the appropriate roles of government in the economy will be discussed. This knowledge of economics, law, and government will then be applied to the study of current issues.
Prerequisite: COMPASS Reading score of 71 or higher, or ACT Reading score of 20 or higher and BADM 1000 (may be taken concurrently)