General Information

• Name: Principles of Macroeconomics
• Discipline: Economics (ECON)
• Units (Credits): 3
• Schedule History: See when this course was offered over the last three years.
• Transfer Information: Courses with numbers 100 to 299: This course is designed to apply toward a WNC degree and/or transfer to other schools within the Nevada System of Higher Education, depending on the degree chosen and other courses completed. It may transfer to colleges and universities outside Nevada. For information about how this course can transfer and apply to your program of study, please contact a counselor.
• Academic Division: Social Science, Education, Humanities & Public Service

Prerequisites and Recommended Courses

• Prerequisites: ECON 102 or consent of instructor
• Recommended: MATH 095 or higher

Course Outline

I: Catalog Course Description

Introduces the study of the determination of levels of national income, employment and prices, and basic causes for fluctuation for these levels.

II: Course Objectives

This course introduces the study of the determination of levels of national income, employment and prices, and basic causes for fluctuation for these levels. Formerly ECON 101.

• Describe and discuss the basics of economics: opportunity costs and production curves, supply and demand, public sector and national income.
• Explain the major problems of macroeconomics: opportunity costs and production curves, supply and demand, public sector and national income.
• Illustrate policies of Keynes, monetarists, and supply-siders to the basic problems of above.
• Discuss financial markets and international trade and finance.
• Find and interpret pertinent data.
• Solve homework problems using underlying mathematical theories.

III: Course Linkage

Linkage of course to educational program mission and at least one educational program outcome.

ECON 103--Principles of Macroeconomics meets a General Education requirement of the following degrees: Associate of Arts, Associate of Science, Associate of Applied Science, Associate of General Studies.

ECON 103 promotes Student Learning Outcomes:
1. have college-level skills in reading, writing, and oral communication appropriate to their degree and/or emphasis.
2. can use appropriate college-level mathematical skills.
3. have problem solving, creative, and critical thinking skills.
4. have effective and efficient learning skills, including the location and evaluation of information.