ECO 1305 - Contemporary Economic Issues

Credits: 3 Class: 3 Lab: 0
The course will synthesize qualitative and quantitative methodology to explore important economic and contemporary issues in Health Care, Poverty, Educational Reform, Unemployment, Inflation, Budget Deficits, Social Security, Environmental Protection, Crime and Drugs, and Market Concentration and Power. The course will consist of two phases. The first phase will introduce major fundamental concepts such as scarcity and choice; supply and demand as market forces; consumer choice; unemployment; inflation; and gross domestic product and its related matters. The second phase will concentrate on analyzing selected contemporary economic issues.