Economics (ECO) at Rappahannock Community College


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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.
Lecture 2-3 hours.
2-3 credits
ECO 201 - Principles of Macroeconomics
Introduces macroeconomics including the study of Keynesian, classical, monetarist principles and theories, the study of national economic growth, inflation, recession, unemployment, financial markets, money and banking, the role of government spending and taxation, along with international trade and investments. This is a Passport Transfer course.
Lecture 3 hours per week.
3 credits
ECO 202 - Principles of Microeconomics
Introduces the basic concepts of microeconomics. Explores the free market concepts with coverage of economic models and graphs, scarcity and choices, supply and demand, elasticities, marginal benefits and costs, profits, and production and distribution.
Lecture 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