Economics

• EC 205: Fundamentals of Economics
• EC 301: Intermediate Microeconomics

EC 205: Fundamentals of Economics

Self-paced Correspondence

This course covers fundamental ideas in economics: scarcity, substitution, opportunity cost, marginal analysis, gross domestic product, real and nominal magnitudes, supply and demand analysis, microeconomic analysis of pricing in competitive and noncompetitive markets. It also covers macroeconomic analysis of production, employment, the price level, and inflation; monetary and fiscal policy and the stabilization of the economy; comparative advantage and international trade.

• Instructor: Jessica Madariaga, MS
• Credit-granting Institution: NC State University
• Credit Hours: 3. Credit will not be given for both EC 205 and either EC 201 or ARE 201. Credit will not be given for both EC 205 and EC 202.
• Assignments: 13
• View a sample course syllabus.

Required Text

• Gwartney, Stroup, Sobel, and Macpherson, Economics: Private and Public Choice , 13th edition (2011), ISBN 978-0538754279

You may purchase the textbook at Friday Center Books & Gifts in person, online, or by mailing or faxing in the book order form. Refer to the online ordering site for current book prices.

How to Enroll

EC 301: Intermediate Microeconomics

Self-paced Correspondence

Functioning of the market economy, role of prices in determining the allocation of resources, the functioning of the firm in the economy, and forces governing the production and consumption of economic goods.

• Instructor: Jessica Madariaga, MS
• Credit-granting Institution: NC State University
• Credit Hours: 3. Credit is not given for both EC (ARE) 301 and 401.
• Assignments: 15
• Prerequisites: MA 121 or 131; EC 201 or ARE 201
• View a sample course syllabus.

Required Text

• Nicholson and Snyder, Intermediate Microeconomics and Its Application, 11th edition, ISBN 978-0324599107

You may purchase the textbook at Friday Center Books & Gifts in person, online, or by mailing or faxing in the book order form. Refer to the online ordering site for current book prices.

How to Enroll