Economics (ECO) at Southwest Virginia Community College


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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 115 - Understanding Our Environment: An Economic Introduction
Explores basic economic theory as it relates to the issues of environmental problems and natural resource use. Examines the approaches to local, state, and national environmental policy. Investigates issues of sustainability with a global perspective.
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 195 - Topics In
Provides an opportunity to explore topical areas of interest to or needed by students.
May be used also for special honors courses. May be repeated for credit. Variable hours.
1-5 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 Transfer course.
Lecture 3 hour. Total 3 hours per week.
3 credits
ECO 201 Detailed Outline
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.
Lecture 3 hours. Total 3 hours per week.
3 credits
ECO 202 Detailed Outline
ECO 210 - International Economics
Analysis of the nature, performance and problems of market and non-market economic systems with emphasis on post World War II experience.
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
ECO 245 - Contemporary Economic Issues
Presents major contemporary economic issues of the day. May focus on issues such as energy, the environment, the farmer, the national debt, taxes, international trade, consumerism, and economic trends. Emphasizes proper analysis of economic problems and formulation of corrective policy. Develops the student's critical faculties by exposure to opinions of eminent economists and may offer open classroom debate. Prerequisite ECO 201.
Lecture 3 hours per week.
3 credits
ECO 295 - Topics In
Provides an opportunity to explore topical areas of interest to or needed by students.
May be used also for special honors courses. May be repeated for credit. Variable hours.
1-5 credits