ECO 100-Principles of Economics

Presents a survey of basic macro- and microeconomic principles andconcepts. Reviews the economic dynamics of market forces affectingcompetition, different economic systems, the role of government inthe economy, and economic aspects of international trade. Discussesthe labor market, interest rates and the supply of money, andperformance of a national economy. Examines the use of economicsin business decisions, considering such principles as opportunitycosts, diminishing returns, and the marginal principle.