Principles of Macroeconomics.

Catalog description

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. This is a Passport and UCGS transfer course. Lecture 3 hours per week. Total 3 hours per week. May be taken out of sequence. Students may not receive credit for both ECO 150 and ECO 201 .