ECO 140 - Principles Of Macroeconomics
An introduction to the theory of income determination, business cycles, national income analysis and economic growth. The role of labor and capital markets in economic activity is examined to explore the problems of unemployment and inflation. The functioning and impact of the monetary system is introduced. Government stabilization activity utilizing monetary and fiscal policy is explored. The mechanics of international goods transactions and the balance of trade, as they influence the domestic economy are examined.
ISLOs: This course supports student development of Critical Thinking, Quantitative Literacy, and Multicultural and Global Perspectives.
Prerequisite(s): Eligible for ENG 101; and eligible for MAT 080, Math Module 70 or 80.
General Education Elective(s): Social Science
Note(s): This course has been approved to meet the Core Curriculum General Education requirement.
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