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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Center for Financial Training | Evaluated Learning Experience

Economics ECO201


58.7 hours (11 weeks).

Various; distance learning format.

April 2024 - Present. 

Instructional delivery format: 
Online/distance learning
Learner Outcomes: 

Upon successful completion of this course, students will be able to: define the term economics; analyze the role of economic theory and economic perspective; distinguish between micro and macroeconomics; apply knowledge of the market system and its impact on the allocation of resources; define Market Equilibrium; describe the business cycle and indicate the impact of inflation and unemployment on the economy; explain the background for the development of fiscal policy and the application of fiscal policy as a tool for economic problem solving; explain the use of monetary policy in modern day economic problem solving; and explain the expanding role of the United States in the international economy.


Instruction is facilitated by an instructor who guides students through each lesson and is available to answer questions and provide feedback on assignments. Each week, students receive an assignment over the Internet that includes reading assigned chapter(s) from the textbook. Students complete a short assignment that is forwarded electronically to instructors or posted it to the electronic class Discussion Board while also taking a self-check test. Additionally, students collaborate with other students on some assignments using electronic discussion boards, chat rooms, and e-mail. The 11-week course requires a mid-term examination and final examination which are delivered electronically. Overall grades for the class are based on student performance on the weekly assignments, mid-term examination and the final examination. Major topics include the Market System and the Circular Flow; Demand, Supply, and Market Equilibrium; GDP and Economics Growth; Business Cycles; Unemployment, and Inflation Fiscal Policy; Deficits and Debt; Money and Banking; Interest Rates and Monetary Policy; International Trade and Exchange Rates.

Credit recommendation: 

In the associate/certificate degree category OR in the lower division baccalaureate/associate degree category, 3 semester hours in Economics, Accounting, Finance, Business Administration, Business Management (4/24).