ECO Economics
ECO 201 / ECO 2001 - Principles of Macroeconomics - GT-SS1 3 Credits
Focuses on the study of the national economy, emphasizing business cycles and long-run
growth trends. Explores how macroeconomic performance is measured, including Gross
Domestic Product and labor market indicators. Examines the saving-investment relationship
and its relationship to Aggregate Supply and Aggregate Demand. Discusses money and
banking, international trade, fiscal and monetary policy. Explores the macroeconomic
role of the public sector. This is a statewide Guaranteed Transfer course in the GT-SS1
category.
(Contact hours - 45)
ECO 202 / ECO 2002 - Principles of Microeconomics- GT-SS1 3 Credits
Focuses on the study of individual decision making, emphasizing households, business
firms and industry analysis. Explores market models, including competition, monopoly,
monopolistic competition and oligopoly. Examines market failure and related efficiency
criteria for government intervention. Explores public policy, including labor market
issues, poverty and the environment. This is a statewide Guaranteed Transfer course
in the GT-SS1 category.
(Contact hours - 45)