ECON 251 - Principles of Macroeconomics
Credit Hours: 3
Billable Contact Hours: 3
Prerequisites: RDG 090 and ENGL 090 and MATH 090 or qualifying scores on accepted placement tests
C6 General Education Social Systems Satisfier Y
MTA Social Sciences Satisfier Y
Global Studies Satisfier Course Y
Session Cycle: FWSU
This course is a survey of the economic system, including ideas relating to production, national income, national growth, money and banking, markets and prices and the distribution of income. This is a macroeconomics course designed for both the student who needs one semester in economics and the student who will take further courses in the field.
Notes: Business Division
Theory Hours: 45
Learning Outcomes:
1. Identify/Recognize the key principles of economics, concepts of supply, demand, price and market equilibrium and mechanisms.
Applies to Business Management, A.A.S. Outcome A.
Applies to General Education Social Systems Competency Objectives A, B, and D.
2. Identify/Recognize the basic concepts in macroeconomics in long run and short run.
Applies to Business Management, A.A.S. Outcome A.
Applies to General Education Social Systems Competency Objective D.
3. Demonstrate understanding of the fiscal and monetary policies and the mechanisms for government involvement in the economy.
Applies to Business Management, A.A.S. Outcome A.
Applies to General Education Social Systems Competency Objectives A, B, and D.
4. Demonstrate understanding of the principles of international trade.
Applies to Business Management, A.A.S. Outcome A.
Applies to General Education Social Systems Competency Objective C.
5. Demonstrate and practice the ability to evaluate data and make judgments about that data from a graph, table, or other documents.
Applies to Business Management, A.A.S. Outcome A.
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