eco212 | undergraduate
Principles Of Economics
topic title goes here
Microeconomics and Macroeconomics
- Determine what constitutes economic growth of a country in the short term and long term.
- Discuss the power of consumer choice and the impact it has on the macroeconomy.
- Explore both positive and negative externalities and the effects on the economy.
- Examine the four main components of macroeconomics: inflation, interest rates, unemployment and GDP.
Fiscal and Monetary Policy
- Determine the role and objective of fiscal and monetary policy on the macroeconomy.
- Explain the effects of fiscal and monetary policy on economic productivity employment.
- Discuss how government utilizes tax revenue to maximize social welfare.
- Explore how money is created, distributed and monitored by the Federal Reserve.
- Determine the factors, challenges, and gains involved in international trade.
- Discuss the effects of limitations and obstacles involved for countries involved in international trade.
- Examine specific countryâs absolute and comparative advantage and the impact it has on international trade.
- Describe the influences affecting foreign exchange rates on trade.
Introduction to Economics
- Explain how economic principles are related to micro decision making as well as macro workings of the economy.
- Determine how changes in supply and demand influence price, quantity, and market equilibrium.
- Compare economic models and economic systems.
- Justify the various types of elasticities.
- Describe the four different types of market structures.
- Examine American industries to the applicable market structure in which they are associated.
- Discuss the importance of competition within an economy.
- Compare public and private goods.
Please ask about these special rates:
Teacher Rate: For some courses, special tuition rates are available for current, certified P-12 teachers and administrators. Please speak with an Enrollment Representative today for more details.
Military Rate: For some courses, special tuition rates are available for active duty military members and their spouses. Please speak with an Enrollment Representative today for more details.
The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.