These webpages are being updated to conform to
the course changes from EC 201-203 to EC 204 and EC 205. I apologize for the dated material.
The Principles of Economics (EC204 and EC205) are both four credit hours
and are required for business majors. EC204
is not a prerequisite for EC205. So both courses can be taken
simultaneously. If you are interested in taking these courses online
please click here for additional information
EC204-5 Online.
The field of economics covers
a broad range of concerns, from practical questions about how a business
operates and can improve efficiency to the more abstract study of the
limits that nature imposes on mankind and natural resources.
Economics aims at improving our welfare by understanding how people make
decisions when faced with relative scarcity. This social science
studies the complex relationships among the production, consumption, and
distribution of material goods.
