Dec 22, 2024  
2014-2015 Official General Catalog 
    
2014-2015 Official General Catalog [Archived Catalog]

ECO 105 - Introduction to Economic Thought


This course will introduce students to the basic ideas of economics through a study of the ideas of the great economists.  The course will introduce students to the problem of “scarcity”, and to the interpretation of economic theory.  The origins of economic thought, the ideas of the major economists, and the current state of economic theory in relation to contemporary economic issues will be studied.  ECO 105 will fill the Social/Behavioral Sciences requirement.

Credits: 3
Hours
3 Class Hours
Course Profile
Learning Outcomes of the Course:

Upon successful completion of this course the student will be able to:

1.  Describe the basic problem of “scarcity” in economic thought.
2.  Demonstrate an understanding of the fundamentals of interpreting economic theories.
3.  Explain the main ideas of some of the major economic thinkers.
4.  Describe some of the main ideas in economic thought today, and apply these to understanding contemporary economic issues.