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ECON 120 Principles of Economics (4)
The course introduces students to the field of economics, and explores a variety of topics spanning both microeconomics and macroeconomics. Using basic algebraic and graphical techniques, it lays the foundation for how economists model the world using mathematics to study how individuals, firms and governments make choices and how they affect the world around us. Microeconomic topics include consumer theory, producer theory, behavior of firms, externalities, and the role of the government in the economy. Macroeconomic topics include determination of output, unemployment, interest rates, inflation, monetary and fiscal policies, and economic growth.
Economics
1 ECON 120 , MATH 101 , & ECON 133 are required in preparation for the core courses in the major and should be completed in your first three semesters at Sewanee. 2 ECON 201 , ECON 202 , and ECON 233 are the core of the economics major. All three of these courses must be taken at Sewanee, and should be completed as soon as possible, but no later than the junior year. 3 Taken in the fall semester of the senior year. This course fulfills the requirement for a writing intensive course in the major. 4 Ideally, at least two of these courses should be taken prior to the senior year. 5 All Economics majors are required to pass a written comprehensive exam. Each student will have to answer theoretical and applied questions, in both microeconomics and macroeconomics.