ECO 205 Principles of Macroeconomics

An introduction to aggregate economic analysis; use of the aggregate demand/aggregate supply model for the determination of output, employment and prices; use of the production possibilities curve analysis to illustrate opportunity cost and to show gains from trade applying the concept of comparative advantage; structure and functions of the Federal Reserve System; and conduct of monetary policy.

Credits

4

Prerequisite

MAT 150 competency recommended (all COB majors are required to take MAT 225).

Distribution

(SS)

Offered

fall and spring semesters