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Economics ECO110 - Elements of Economics Course surveys economics systems with reference to the market system, capitalism, government policy, money and banking, and international trade. Topics covered through examination of current economic and political issues. (Not recommended for business or economics majors.) IAI S3 900 3 Credit Hours (lecture: 3; lab: 0) IAI Code: S3 900 ECO201 - Principles of Macroeconomics Course introduces macroeconomics, utilizing modern economic theory to analyze fiscal and monetary policies by. Content includes inflation, taxes, full employment, gross domestic product (GDP), economic growth; money and banking. Extensive use of graphical analysis. IAI S3 901 3 Credit Hours (lecture: 3; lab: 0) IAI Code: S3 901 ECO202 - Principles of Microeconomics Course introduces microeconomics, concentrating on the basic price theory of the firm; focus is on operation of supply, demand, cost and revenue functions in perfectly and imperfectly competitive markets; analysis of markets for both products and factors; examination of theory and practice of International trade and finance problems. Extensive use of graphical analysis. IAI S3 902 3 Credit Hours (lecture: 3; lab: 0) IAI Code: S3 902 ECO203 - Money and Banking Course covers both economic history and the current operation of the American monetary and banking systems. Content includes money and credit markets; interaction between these markets and fiscal policy as they affect the business cycle, the Federal Reserve System and the international financial system. ECO 203 transfers to most schools as a liberal arts elective. Prerequisite: BUS 101 or ECO 110 or ECO 201 or concurrent enrollment in BUS 101 or consent of instructor. 3 Credit Hours (lecture: 3; lab: 0) ECO211 - Computer Applications of Macroeconomic Theory Course introduces computer-assisted applications of macro-economic principles. Content includes concepts of choice and scarcity; national income accounting; aggregate supply and demand analysis; and the evaluation of the effects of fiscal and monetary policy on full employment, price stability and economic growth. Microcomputer use will involve graphics based tutorials and simulations. 1 Credit Hours (lecture: 1; lab: 0) Fee: $10 ECO212 - Computer Applications of Microeconomic Theory Course introduces computer-assisted applications of micro-economic principles. Content includes supply and demand; decision making in input and output markets; and international economics. Microcomputer use will involve graphics-based tutorials and simulations. 1 Credit Hours (lecture: 1; lab: 0) Fee: $10
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