ECO Economics Courses at Global Campus

This course provides a foundational understanding of the central questions and primary methodologies used in macroeconomics. Students will explore the behavior and performance of an economy, focusing on key topics such as gross domestic product (GDP), national income, inflation, unemployment, and economic growth. The course examines how aggregate demand and aggregate supply interact within the economy and the role of fiscal and monetary policy in stabilizing economic fluctuations. Through the analysis of economic models and real-world data, students will gain insights into the determinants of economic output, the impacts of government policies, and the global economic environment. By the end of the course, students will be equipped with the analytical tools necessary to understand and evaluate economic issues, policies, and trends on a macroeconomic scale. Recommended prerequisites: Fulfillment of the General Education Critical Thinking core competency and Digital Literacy competency.

ECO 204 is an introduction to the microeconomic principles of the market system and provides a general outline of the consumer and producer choice theories. The course also discusses other important microeconomic concepts like supply and demand, externality, elasticity, pricing and profitability. Other topics include various levels of firm and industry competition associated with different market structures. Recommended prerequisites: Fulfillment of the General Education Critical Thinking competency, Quantitative Reasoning Core competency, and Digital Literacy competency. (Equivalent to ECO 308).

Examines money and capital markets, with particular emphasis on the factors that determine interest rates. Additionally, it will delve into the prominent financial institutions, both public and private including the Federal Reserve System and the role it plays in influencing financial and economic outcomes. The course will also explore the various types of financial instruments such as bonds, equities, and derivative instruments. Prerequisite: ECO 100 or ECO 203. (Cross-listed as BUS 316.)

This course will focus on the global environment of firms with particular emphasis on economic variables such as GDP, inflation, interest rates, and exchange rates. Topics include international trade, international finance, and regional issues in the global economy.

This course introduces students to multiple regression methods for analyzing data in economics and related disciplines. Students will study regression analysis using theories and data sets in order to understand the core concepts of estimation of economic parameters, prediction of economic outcomes, and statistical inference. The mathematics of econometrics will be introduced only as needed and will not be a central focus. Prerequisites: BUS 308, and fulfillment of the Quantitative Reasoning Core competency.

Topics include analysis of economic fluctuations and their impact on corporations and consumers; different explanations for business cycles; monetary and fiscal policy for stabilizing economic fluctuations; effects of public debt, investment, employment and trade policy on economic growth. Prerequisite: ECO 203.

This course explores the application of economic principles and analytical tools to address contemporary business challenges and enhance managerial decision-making. Students will focus on strategies for pricing, production, and profit maximization, as well as investment evaluation and decision-making under uncertainty. Key topics include pricing strategies, cost analysis, risk management, and market structures such as perfect competition, monopolistic competition, monopoly, and oligopoly. Through critical analysis and synthesis of economic models, students will develop a problem-solving approach to real-world managerial scenarios, preparing them for effective decision-making in dynamic business environments. Prerequisite: ECO 204

This course provides an overview of international economics including international trade theory, trade policies, and macroeconomic policies. Emphasis is placed on trade models, trade considerations for multinational corporations, monetary policy, exchange rates, and financial globalization.