Saint Xavier University Chicago Campus Residence Halls

Economics


Prerequisite/Corequisite Key

P = Course must be taken previously C = Course must be taken concurrently E = Course can be taken previously or concurrently
(RQ) = Required (RM) = Recommended  

ECON 200

Principles of Economics (Macro)

3 credit hours

This course provides an understanding of the principles of economic analysis with emphasis on how to utilize these principles. Topics include: the principles of underlying the operation of a national economy as a whole, analysis of gross domestic product accounts, national income, determination levels of employment (or unemployment)and inflation, taxation and government expenditures, monetary and fiscal policy and the basics of international trade. This course should be taken freshman year.

ECON 201

Principles of Economics (Micro)

3 credit hours

The study of the principles of microeconomics deals with the operation of the market economy. This course emphasizes the understanding of the theory of supply and demand, the cost of production, and market structure. Topics include: the operation of a market, the performance of business firms under different types of markets, price determination, and profit maximization strategies under various types of market structures ranging from perfect competition to monopoly. The basics of international trade are also covered.