Economics (ECO) at Rappahannock Community College
Distance Learning
Time of Day
Term
- ECO 100 - Elementary Economics
- Introduces students to the most basic elements of economics without detailed study of theory. Presents and interprets current issues and concerns publicized in the media. Allows students to understand and grasp the importance of local, state, and national issues with economic themes and overtones.Lecture 3 hours per week.
3 credits - ECO 110 - Consumer Economics
- Fosters understanding of American economic system and the individual's role as a consumer. Emphasizes application of economic principles to practical problems encountered. Alerts students to opportunities, dangers, and alternatives of consumers.Lecture 3 hours per week.
3 credits - ECO 120 - Survey of Economics
- Presents a broad overview of economic theory, history, development, and application. Introduces terms, definitions, policies, and philosophies of market economies. Provides some comparison with other economic systems. Includes some degree of exposure to microeconomic and macroeconomic concepts. This course applies to career/technical education (CTE) programs. ECO 150 serves both transfer and CTE programs.Lecture 2-3 hours.
2-3 credits - ECO 201 - Principles of Macroeconomics
- 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 and UCGS transfer course.Lecture 3 hour. Total 3 hours per week.
3 credits - ECO 202 - Principles of Microeconomics
- Presents the fundamental microeconomic concepts, theories, and issues including the study of scarcity and opportunity cost, supply and demand, elasticities, marginal revenues and costs, profits, production and distribution. Develops an appreciation of how these economic concepts apply to consumer and business decisions, and their effect on the individual. This is a Passport and UCGS transfer course.Lecture 3 hours. Total 3 hours per week.
3 credits - ECO 230 - Money and Banking
- Reviews history of American banking institutions, principles, and practices. Emphasizes the relationship of finances to business structure, operation, and organization. Examines present financial structures, agents, problems, and institutions.Lecture 3 hours per week.
3 credits
