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Economics Course Descriptions

Catalog and Student Handbook

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ECO 120: Survey of Economics (3 cr.) — Presents a broad overview of economic theory, history, development, and application. Introduces terms, definitions, policies, and philosophies of market economies. Provides some comparison with other economic systems. Includes some degree of exposure to microeconomic and macroeconomic concepts. Prerequisite: MTE 1-4 and ENG 111 eligible. Lecture 2-3 hours per week.

ECO 201: Principles of Macroeconomics (3 cr.) — Introduces macroeconomics including the study of Keynesian, classical, monetarist principles and theories, the study of national economic growth, inflation, recession, unemployment, financial markets, money and banking, the role of government spending and taxation, along with international trade and investments. Prerequisite: MTE 1-4 and ENG 111 eligible. Lecture 3 hours per week.

ECO 202: Principles of Microeconomics (3 cr.) — Introduces the basic concepts of microeconomics. Explores the free market concept with coverage of economic models and graphs, scarcity and choices, supply and demand, elasticities, marginal benefits and costs, profits, and production and distribution. Prerequisite: MTE 1-4 and ENG 111 eligible. Lecture 3 hours per week.

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