ECO 211H-Principles of Economics 1- Honors

3 credit hours – Three hours weekly; one term.
Explore macroeconomic theory and policy. Identify and illustrate how markets work with the use of demand and supply. Discuss use of national income accounting (GDP) as a measure of the health of the economy. Examine unemployment, inflation and business cycles as they relate to the economy and possible policy prescriptions. Examine and calculate GDP to analyze and implement fiscal and monetary policies.

Prerequisite(s): Eligibility for MAT 137 . Eligibility for Honors courses.

Crosslisted: Also offered as ECO 211 ; credit will not be given for both ECO 211H and ECO 211 .

Note: It is recommended that ECO 211 or ECO 211H be taken prior to ECO 212 or ECO 212H .