ECO 140 - Principles of Macroeconomics 3.00 Formerly so 2111

Institution:

Middlesex Community College - Massachusetts

Subject:

Description:

An introduction to the theory of income determination, business cycles, national income analysis and economic growth. The role of labor and capital markets in economic activity is examined to explore the problems of unemployment and inflation. The functioning and impact of the monetary system is introduced. Government stabilization activity utilizing monetary and fiscal policy is explored. The mechanics of international goods transactions and the balance of trade, as they influence the domestic economy are examined. Prerequisite: Placement above or successful completion of ENG 060 (EN 2103), eligible for ENG 101 (EN 1103), a minimum of one year of high school algebra or completion of MAT 070 (MA 1103) or placement into MAT 080 (MA 1104). Recommendation: Concurrent enrollment in ENG 075 (EN 2122) or ENG 085 (EN 2131) if CPT reading placement test is between 68 and 75. General Education Electives: Social Science Intensive Value: Values/Ethics/Social Policy

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.middlesex.mass.edu

Phone Number:

(978) 656-3200

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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