ECON 105 Accel Intro Economics

3 semester hours

Accelerated introduction to both microeconomics and macroeconomics. Supply and demand, elasticity, and theories of production, cost, competition, monopoly, and other market structures. Aggregate supply, aggregate demand and Keynesian Cross analysis, and discussion of GDP, national income, inflaction, and unemployment. This course can be taken in lieu of ECON 110 and ECON 120 and substitutes for those courses wherever one or both are stated as prerequisites.

Requirements: A minimum score of 620 on the Mathematics section of the SAT, or of 31 on the Mathematics section of the ACT, or of 30 on the LMU Mathematics Placement Examination.