May 19, 2022  
2021-2022 Catalog 
    
2021-2022 Catalog [ARCHIVED CATALOG]

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ECON 201 - Principles of Macroeconomics


Credits: 4
Lecture Contact Hours: 4
Description: Macroeconomics refers to that portion of economic analysis which is concerned with behavior of economy-wide issues, e.g., inflation, unemployment, etc. By means of theoretical reasoning and empirical research, economists have identified a number of relationships or principles which are useful in explaining and predicting macroeconomics, their application to an understanding of current economic problems and their implication for economic policy. The intent of the course is to provide the student with a basic level of economic literacy essential for a well-informed citizenship in the years ahead. In economics, perhaps more than any other comparable discipline, things are not always what they appear to be. Indeed, many economic problems both past and present have resulted from the misunderstanding of fundamental economic relationships.

Prerequisites: MATH 047  or a minimum score of 19 ACT-Math, 25 SAT-Math, 75 CPT-Arithmetic, 28 CPT-Elementary Algebra, 260 NGA-Arithmetic or 230 NGA-Quantitative Reasoning, Algebra and Statistics.
Corequisites: None.
Recommended: None.

Course Category: Liberal Arts | Social Science
This course counts toward Schoolcraft’s General Education Requirements.
This course counts toward a Michigan Transfer Agreement General Education Requirement.

This Course is Typically Offered: Winter, Spring, Summer, Fall
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