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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. Prerequisite: Placement above or successful completion of ENG 060, eligible for ENG 101, a minimum of one year of high school algebra or completion of MAT 070 or placement into MAT 080. Recommendation: Concurrent enrollment in ENG 075 or ENG 085 if CPT reading placement test is between 68 and 75. General Education Elective: Social Science Intensive Value: Values/Ethics/Social Policy 3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Classroom/Web/Hybrid, Web Social Science Division Social and Behavioral Sciences Department Course Attributes: CAD Approved Elective, General Education Elective, Social Science Elective, Val,Eth,Soc Pol Intensive |