About ECON 201

Economics is divided into two different parts macro and micro.  ECON 201 is the macro side of economics.  It focuses on the nation ability to use its limited supply to fulfill the unlimited demand.  Microeconomics is the study of decision that are made by individuals and businesses regarding allocation of scarce resources.  Whereas Macroeconomics is the study of nations economy as a whole rather than individual businesses.

Topics of discussion in the course

• Supply and demand
• Different type of economic structures
• Gross Domestic Product (GDP)
• Four type of economic markets 
• Employment and unemployment
• Economic fluctuation

About the website

Every class you take requires your complete attention. Average humans attention span is about 30 seconds, so it is very easy to loss concentration in class. This website will provide you with resources that will help you better understand the concepts in ECON 201. It is divided into 3 different sections, home, graphs and formulas and resources.

Home
      - Provides you an overview of Economics 201
      - Major concepts and topics of discussion in class
      - Tell you how you can use this website to your benefit
Graphs and Formulas
      - Provides you with a website that explains the concept of supply and demand
      - A website link that gives you important formulas and graphs
      - Graphic examples of basic economic concepts and structure
Resources
      - Provides you with website to help you study for test
      - Two job search sites
      - Websites to keep you up to date with everyday economic issues