ECON 101 Principles of Economics (Macro)

This course introduces students to important economic issues which affect an entire economy. Students will more comfortably read and understand books, newspapers, and magazines with economic content. Topics include demand and supply theory, gross domestic product determination, inflation, unemployment, the role of the government and public choice, fiscal and monetary policy, and foreign exchange rates and trade.

Credits

3

Prerequisite

Eligible to enroll in ENGL 121

Hours Weekly

3 hours weekly

Course Objectives

  1. Summarize opposing sides of an economic issue.
  2. Establish a point of view of an economic issue after analyzing and evaluating various
    opposing arguments.
  3. Evaluate the relevance and validity of data used in macro-economic arguments
  4. Analyze the implications of government macro-economic policies.
  5. Discuss macro-economic schools of thought.
  6. Discuss issues of international trade or finance from a macro-economic perspective.

Course Objectives

  1. Summarize opposing sides of an economic issue.

    Learning Activity Artifact

    • Writing Assignments
    • "Argument comparison" paper

    Procedure for Assessing Student Learning

    • Critical and Creative Thinking Rubric

    Critical Thinking

    • CT1
  2. Establish a point of view of an economic issue after analyzing and evaluating various
    opposing arguments.

    Learning Activity Artifact

    • Writing Assignments
    • "Argument Comparison" paper

    Procedure for Assessing Student Learning

    • Critical and Creative Thinking Rubric

    Critical Thinking

    • CT2
  3. Evaluate the relevance and validity of data used in macro-economic arguments

    Learning Activity Artifact

    • Writing Assignments
    • "Argument comparison" paper

    Procedure for Assessing Student Learning

    • Critical and Creative Thinking Rubric

    Creative Process

    • CP3
  4. Analyze the implications of government macro-economic policies.

    Learning Activity Artifact

    • Other (please fill out box below)
    • Analytic worksheet/paper/debate performance on a macro-economic policy

    Procedure for Assessing Student Learning

    • Critical and Creative Thinking Rubric

    Critical Thinking

    • CT4
  5. Discuss macro-economic schools of thought.

    This objective is a course Goal Only

    Learning Activity Artifact

    • Other (please fill out box below)
    • Quiz questions relating to macro-economic schools of thought

    Procedure for Assessing Student Learning

    • Other (please fill out box below)
    • Rubric
  6. Discuss issues of international trade or finance from a macro-economic perspective.

    This objective is a course Goal Only

    Learning Activity Artifact

    • Other (please fill out box below)
    • Quiz questions relating to intenational trade or finance

    Procedure for Assessing Student Learning

    • Other (please fill out box below)
    • Rubric