3 SH(Prerequisites: ENG 0123 or ENG 1114 or ENG 1113; MAT 0123/MAT 0124 or MAT 1233/MAT 1234 or MAT 1134 or higher; REA 0123 or REA 0133 or REA 1213) The study of a nation’s economy to include the following topics: supply and demand, production possibilities, monetary and fiscal policies, factors of production, GDP/business cycles and economic growth and circular flow of market economies. (3 hr lecture)