Introduces students in engineering and science programs to Economics. The course makes use of calculus to examine topics including the problem of scarcity and its implications, opportunity cost, supply and demand; competition and monopoly; resource markets; income distribution; inflation, money and monetary institutions; balance of payments; and exchange rates.
Introduces students in engineering and science programs to Economics. The course makes use of calculus to examine topics including the problem of scarcity and its implications, opportunity cost, supply and demand; competition and monopoly; resource markets; income distribution; inflation, money and monetary institutions; balance of payments; and exchange rates.
