Fosters understanding of the 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.
ECO 120
:
SURVEY OF ECONOMICS
(3 credits) Prerequisite(s): ENG 05 and MTH 01 or equivalents.
Presents a broad overview of economic theory, history, development, and application. Introduces terms, definitions, policies, and philosophies of market economics. Provides some comparison with other economic systems. Includes some degree of exposure to microeconomic and macroeconomic concepts. Lecture 3 hours per week.
ECO 201
:
PRINCIPLES OF ECONOMICS I-MACROECONOMICS
(3 credits) Must be taken in sequence. Prerequisite(s): ENG 05 and MTH 04 if required by individual student’s placement or equivalents.
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. Lecture 3 hours per week.
ECO 202
:
PRINCIPLES OF ECONOMICS II-MICROECONOMICS
(3 credits) Prerequisite(s): ECO 201. 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.
Thomas Nelson Community College
99 Thomas Nelson Dr., P.O. Box 9407,
Hampton VA 23670
(757) 825-2700 - Hampton Campus
(757) 253-4300 - Historic Triangle Campus
This site is maintained by the Office of
Institutional Advancement
This web site adheres to
VCCS policies - please read our web
Guidelines and
Disclaimer
This site designed to be accessible to the widest possible audience.
If you experience difficulty, please contact the
Webmaster.
