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    Nov 27, 2024  
American University Catalog 2024-2025 
    
American University Catalog 2024-2025

SISG-773 Introduction to Economic Theory (3)


Overview of fundamental principles of modern economic theory. Incorporates foundational concepts of both microeconomics and macroeconomics. Concepts include efficiency, comparative advantage, market structure, market failures, unemployment, inflation, fiscal and monetary policy, and balance of payments. Usually Offered: fall, spring, and summer. Grading: A-F only. Restriction: International Relations (MA)  or International Service (MIS) [Executive Track] : Online.