2006-07 Catalog Archive (Archived July 31, 2006)
One College Avenue, Williamsport PA 17701 · (570) 326-3761 or (800) 367-9222
Course Descriptions
ECO111
Principles of Macroeconomics
Examines aggregate economic concepts from classical, Keynesian, monetarist, and supply-side perspectives. The influence of national income and monetary policies on individuals and social institutions will be emphasized. Issues relating to the global economy are also examined. 3 Credits (3 Lecture - 0 Lab)
ECO112
Principles of Microeconomics
An introduction to microeconomic theory with emphasis on the function of the free market economy. Utility maximization by consumers, profit maximization by producers under different market structures, government regulation, and distribution of income are among topics examined. 3 Credits (3 Lecture - 0 Lab)
ECO257
International Economics
A study of the international economic community with emphasis on the conceptual frameworks that affect international economic policies and second and third world economic development. Specific attention is given to balance of payments, exchange rate determination, investment and debt, multinational corporations, tariffs, quotas, the World Bank, the International Monetary Fund, the United Nations, and relevant historical and current political alliances. 3 Credits (3 Lecture - 0 Lab)
Prerequisite(s): ECO111 or ECO112 or ECO202. As needed.