Page 21 - Student_Handbook2020

ECO 221 Introduction to Macroeconomics 3(3-0-6)
A study of the determination of national income and national
income accounts, consumption and investment, unemployment and
inflation, economic growth, aggregate demand and aggregate supply.
Analyzing money markets, monetary policies and fiscal policies, basic
international finance.

ECO 222 Intermediate Microeconomics 3(3-0-6)
(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 131
Mathematical Economics 1)
A study of application of microeconomic theories through
empirical study, explanations of the consumer choice theory, choices
under uncertainty, externalities, public goods, production costs,
perfectly competitive market, monopoly, monopolistic competitive
market, oligopoly and market for factor inputs, Game theory, and
asymmetric information.

ECO 223 History of Economic Thought 3(3-0-6)
(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211
Accounting for Economists)
A study of the evolution of economic theories since Classic,
Marxism, Neo-Classic, Marxism, Keynesian, Monetarism, Rational
expectations theory, Real Business Cycle, Post Keynesian. A study
focus on philosophy and various concepts from both capitalists and
socialists.

19