BUS 201, 202 Principles of Economics I & II:


This is an inventory course designed to acquaint the student with the fundamental tasks of all economic systems with emphasis on the overall structure of our economic system.  The first semester, macroeconomics, is designed to give the student a broad view of our economic system, emphasizing causes of economic cycles, the role of government in the economy, the function of monetary and fiscal policy, and income determination and measures.  The second semester, microeconomics, emphasizes the different market structures (pure competition, monopoly, oligopoly, and monopolistic competition), price determinations, and the role of labor unions in our economy.  Prerequisite: MAT112 or MAT131 or MAT141 or MAT142 or a math ACT score of 19 or equivalent sub score on the SAT or COMPASS tests.  BUS201 offered fall day, fall night F1 and BUS202 offered fall night f2, spring day.