Course Schedule and Catalog

Long Title: PRINCIPLES OF ECONOMICS I

Department: Economics

Grade Mode: Standard Letter

Course Type: Lecture

Distribution Group: Distribution Group II

Credit Hours: 3

Description: Introduction to the nature of economics. Includes price systems, household decisions, cost and supply, marginal productivity and capital theory, industrial organization and control, economic efficiency, externalities, and public goods. Required for economics and mathematical economic analysis majors. Students (both majors and non-majors) enrolled at Rice who wish to transfer this course from another institution must pass a departmental qualifying examination.