Welcome to Economics 101

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This course is an integrated introduction to the analysis of individual firms and markets, as well as aggregate economic variables. These include inflation, unemployment and economic growth, with a focus on the state's role in attempts to regulate the economy.

The central goal is to convey a sense of how economic systems affect economic outcomes. The potential for market failure or success and government failure or success are highlighted.

The course objective is to provide students with a basic understanding of how people make decisions, how people interact, and how the economy as a whole works, in order to provide students with a framework for viewing and interpreting the economic world around them.

This course satisfies Saint Martin's College General Education program requirements.