ECO 144 Introduction to Macroeconomics - 4 Hrs. (IAI S3 901)
This course introduces the student to the nature of macroeconomics. The course considers concepts of scarcity and the world of trade-offs, supply and demand, the macro economy, measuring the economy’s performance, economic growth, classical and Keynesian macro analyses, consumption, income and the multiplier effect, and issues related to the global economy.
ECO 145 Introduction to Microeconomics - 4 Hrs. (IAI S3 902)
Prerequisite: ECO 144 Introduction to Macroeconomics
This course introduces the student to the nature of microeconomics. The course considers concepts of scarcity and the world of trade-offs, supply and demand, consumer choice, demand and supply elasticity, the firm, perfect competition, monopoly, and environmental economics.
ECO 325 The Federal Reserve and Financial Institutions - 4 Hrs.
Prerequisite: ECO 144 Introduction to Macroeconomics and ECO 145 Introduction to Microeconomics
A study of the foundations of the Federal Reserve System, the regulations that support this system, and the role it plays in supporting and controlling financial institutions.
ECO 350 Money and Banking - 4 Hrs.
Prerequisite: ECO 144 Introduction to Macroeconomics and ECO 145 Introduction to Microeconomics
A study of the theory of money and banking, factors influencing demand and supply of money, analysis of current policy issues, operations of commercial banks and the Federal Reserve System.