EC 201 Introduction to Microeconomics 3 class hrs/wk, 3 cr. Introduces the concepts of price elasticity, production costs, the competitive firm, monopoly, imperfect competition, market power and antitrust, (de)regulation of business, and the labor market. Prerequisite: MTH 095. (May be offered via distance education.) EC 202 Introduction to Macroeconomics 3 class hrs/wk, 3 cr. Introduces the concepts of aggregate spending, fiscal and monetary policies, money and banking, the Federal Reserve, business cycles, unemployment, and inflation. Prerequisite: MTH 095. (May be offered via distance education.) EC 203 Applications to Economic Issues 3 class hrs/wk, 3 cr. Emphasizes such global issues as economic growth, environmental protection, rent, interest and profit, international trade and finance, and international development. (May be offered via distance education.)