ECO 201 Principles of Macroeconomics

3 credit(s)

Note: Students with an intended major at Virginia Tech in Human Nutrition, Foods and Exercise may choose PSY 200 as an alternative to ECO 201.

Presents the fundamental macroeconomic concepts, theories, and issues including the study of scarcity and opportunity cost, supply and demand, national economic growth, inflation, recession, unemployment, fiscal and monetary policies, and international trade. Develops an appreciation of how these economic concepts apply to consumer, business, and government decisions, and their effect on the overall economy.

This is a Passport Transfer course. Lecture 3 hours per week.

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ECO 201 Principles of Macroeconomics