Other costs apply
About this course
This is a recommended program of study for students interested in pursuing a bachelor’s degree in economics.
Graduates of the Economics Option will be able to:
- Explain the functional relationships between economic variables such as price and demand, scarcity and choice, and consumption and national income
- Model economic principles such as: aggregate demand and aggregate supply; changes in supply, demand, and market equilibrium; production possibility curve; and maximization for a competitive firm
- Identify the different economic systems and how they address normative economic objectives, the basic determinants of choice made by consumers and firms
- Explain the rationale underlying federal bond rates, federal discount rates, and reserve requirements in controlling inflation and recession to an audience
- Evaluate data related to national income accounts
- Minimum score of 450 or better on the paper-based TOEFL, 133 or better on the computer-based TOEFL, or 46 or better on the Internet-based TOEFL.