ECO 201 - Principles of Macroeconomics

3 cr.

Presents the fundamental macroeconomic concepts, theories, and issues including the study of scarcity and opportunity cost, supply and demand, national economic growth, inflation, recession, unemployment, fiscal and monetary policies, and international trade. Develops an appreciation of how these economic concepts apply to consumer, business, and government decisions, and their effect on the overall economy. Lecture 3 hours per week. This is a Passport Transfer course.

Prerequisite(s): Readiness to enroll in ENG 111 and competence in MTE 1-MTE 3, or completion of MTH 130 or MTH 133.