Economics

This course is an introduction to the principles of macroeconomics including current economic problems, national income, employment, prices, monetary and fiscal policy to stabilize the economy. Emphasis is given to economic growth and the international economy.

This course covers principles of microeconomics including functioning of competitive and non-competitive markets, price and wage theory, labor and agricultural economics, income distribution, and comparative economic systems.

This course introduces students to the role of money and banks in the financial system and broader economy. Students are also introduced to the way monetary policy is shaped and implemented through the evaluation of general business cycles and recent financial crises.

This course is designed to introduce students to contemporary global economic issues, as well as economic tools necessary to analyze them. Primary focus of the course addresses international trade while emphasizing the importance and practical applicability of related issues in international finance and international relations in day-to-day life.

Environmental and Natural Resource Economics uses the basic tools of economic analysis to focus on issues pertaining to the natural environment and its resources. The topics covered include economic externalities, public goods, property rights, market failure, air and water pollution, solid waste management, sustainability concepts, the role of government, and benefit-cost analysis in social planning.