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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Consortium for International Studies | Evaluated Learning Experience

Macroeconomics ECO 101

Location: 

Various; distance learning format.

Length: 

Varies; self-study.

Dates: 

September 2018 – Present.

Instructional delivery format: 
Hybrid course/exam
Learner Outcomes: 

Upon successful completion of the course, students will be able to: discuss reasons for differences in wealth from one nation to another and how economic freedom and a nation’s standard of living are related; explain the laws of demand and supply, surpluses and shortages; name and describe the three sectors of the economy that comprise the private sector and the single public sector; explain the business cycle, recession and depression; identify the classical and new classical models of economic theory; and identify tools, such as tariffs, quotas, and subsidies used to restrict the entry of foreign goods and promote the export of domestic goods.

Instruction: 

This 15-week course based on a textbook and study guide, includes topics that focus on economic theory, goods, tariffs, quotas, subsidies, private and public sector, repression and depression.  Students are evaluated by a final examination. 

Credit recommendation: 

In the lower division baccalaureate/associate degree category, 3 semester hours in Accounting, Business Management, Economics, Finance, or Introduction to Macroeconomics (8/18).

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