ECON-2005: Principles of Economics
Description: 2005: Introduction to microeconomics. The economic approach to decision-making. Model of supply and demand. Elasticities. Consumer behavior. Firm behavior under varying industry structures. Sources and consequences of market failure. Costs and benefits of international trade. The role of government in the economy. Economic, ethical, and social ramifications of issues such as pollution, missing information, and income inequality. 2006: Introduction to macroeconomics. The measurement of economic activity. Macroeconomic problems (such as unemployment and inflation). The monetary system. Effects and limitations of monetary and fiscal policies. International economics. Social and ethical issues related to macroeconomic policy.
Pathways: 3 Reasoning in Social Sciences, 10 Ethical Reasoning
Course Hours: 3 credits
Corequisites: N/A
Crosslist: N/A
Repeatability: N/A
Sections Taught: 98
Average GPA: 3.09 (rounds to B)
Strict A Rate (No A-) : 22.01%
Average Withdrawal Rate: 2.74%
| Sunjin Kim | 2020 | 42.1% | 36.9% | 21.1% | 0.0% | 0.0% | 0.0% | 3.21 | 1 |
| Yichuan Cai | 2022 | 48.8% | 36.3% | 6.6% | 3.3% | 2.0% | 2.9% | 3.28 | 4 |
| Austin E Bradley | 2023 | 33.4% | 44.7% | 12.0% | 2.4% | 2.5% | 4.9% | 3.08 | 3 |
| Chao Hung Chan | 2022 | 35.6% | 42.8% | 19.1% | 1.1% | 1.4% | 0.0% | 3.09 | 2 |
| Yuan Gu | 2023 | 26.2% | 56.9% | 11.9% | 3.7% | 1.3% | 0.0% | 3.02 | 3 |
| Brown Bernice Owusu | 2024 | 30.0% | 46.4% | 16.6% | 4.3% | 1.4% | 1.1% | 2.97 | 2 |
| Azat Nurmukhametov | 2024 | 49.7% | 34.4% | 11.2% | 2.0% | 1.8% | 0.9% | 3.28 | 7 |
| Jadrian J Wooten | 2024 | 37.9% | 39.8% | 16.0% | 3.1% | 1.5% | 1.6% | 3.05 | 8 |
| Abhinaba Nandy | 2022 | 55.7% | 37.0% | 2.7% | 0.0% | 3.2% | 1.4% | 3.39 | 3 |
| Michael L Wagnon | 2024 | 42.6% | 29.2% | 14.5% | 4.1% | 5.5% | 4.1% | 3.03 | 4 |
| Munkhchimeg Sukhee | 2023 | 47.0% | 49.0% | 4.1% | 0.0% | 0.0% | 0.0% | 3.32 | 1 |
| Staff Dwibedi | 2021 | 42.0% | 38.0% | 16.0% | 0.0% | 4.0% | 0.0% | 3.17 | 1 |
| Mark Y Liu | 2023 | 28.4% | 37.9% | 14.3% | 3.2% | 1.7% | 14.5% | 2.99 | 4 |
| Ross L Spoon | 2023 | 74.0% | 12.0% | 10.0% | 2.0% | 2.0% | 0.0% | 3.47 | 1 |
| Melanie E Fox | 2022 | 35.2% | 36.7% | 17.9% | 3.8% | 1.6% | 4.6% | 3.01 | 8 |
| Ghadir Asadi | 2019 | 26.1% | 40.4% | 26.2% | 3.6% | 0.0% | 3.6% | 2.90 | 1 |
| Shan Jin | 2019 | 20.0% | 45.0% | 30.0% | 5.0% | 0.0% | 0.0% | 2.77 | 1 |
| Hoang Phuong Do | 2020 | 63.7% | 36.3% | 0.0% | 0.0% | 0.0% | 0.0% | 3.65 | 1 |
| Abdelaziz M Alsharawy | 2019 | 23.1% | 38.4% | 34.6% | 3.8% | 0.0% | 0.0% | 2.69 | 1 |
| Staff Banasaz | 2020 | 40.0% | 30.0% | 10.0% | 10.0% | 3.4% | 6.7% | 3.00 | 1 |
| Zhou Yang | 2020 | 46.5% | 46.4% | 3.6% | 3.6% | 0.0% | 0.0% | 3.34 | 1 |
| Chang Geun Song | 2021 | 45.4% | 46.0% | 4.9% | 2.8% | 1.1% | 0.0% | 3.27 | 2 |
| Staff Zou | 2022 | 61.4% | 37.5% | 1.1% | 0.0% | 0.0% | 0.0% | 3.62 | 2 |
| Priyambada Bandyopadhyay | 2024 | 22.9% | 47.9% | 16.8% | 0.0% | 2.1% | 10.4% | 3.00 | 1 |
| Erika S Perdue | 2024 | 56.1% | 34.2% | 6.0% | 2.0% | 1.0% | 0.6% | 3.40 | 7 |
| Md Yasin Arafat | 2019 | 16.0% | 23.6% | 33.0% | 12.2% | 1.9% | 13.2% | 2.42 | 1 |
| Pitchayaporn Tantihkarnchana | 2024 | 15.6% | 42.2% | 26.1% | 7.7% | 4.2% | 4.3% | 2.60 | 8 |
| Steven C Trost | 2022 | 31.2% | 42.2% | 18.9% | 3.8% | 1.7% | 2.1% | 2.97 | 14 |
| Juncai Jiang | 2020 | 30.8% | 38.5% | 7.7% | 7.7% | 15.4% | 0.0% | 2.62 | 1 |
| Staff Mun | 2024 | 63.3% | 20.1% | 13.4% | 3.3% | 0.0% | 0.0% | 3.39 | 1 |
| Alan G Wang | 2021 | 69.3% | 22.4% | 8.1% | 0.0% | 0.0% | 0.0% | 3.60 | 1 |
| Promit K Chaudhuri | 2024 | 42.1% | 31.6% | 26.4% | 0.0% | 0.0% | 0.0% | 3.06 | 1 |
| Arin Shahbazian | 2024 | 53.8% | 42.3% | 0.0% | 0.0% | 0.0% | 3.8% | 3.55 | 1 |