ECON 175 - Fundamentals of Economics

Credits: 3

An introduction to basic economic terms and concepts, such as scarcity, choice, resources, opportunity cost, markets, incentive, prices, competition, employment, inflation, growth, output and changes in business activity. Special emphasis is given to understanding how these concepts are applied and influenced by choices which individuals and organizations face every day. Meets The University Core Curriculum C2: Individual Development/Social Behavior category. This course is part of the Core Transfer Library (CTL). Indiana Statewide Common Course #: ISH 1040. Meets IN Statewide Core.

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