• Course Description: This course introduces students to economics as a way of thinking, observing, analyzing and identifying problems and their possible solutions.  Topics include demand and supply, scarcity and prices, maximizing utility, production and costs, perfect competition, monopoly, antitrust and regulations, distribution of income, unions, market failure, public goods, international trade and financing, gross domestic product (GDP), gross national product (NPD), and the FED.  (Note: 3 lecture credits)