Program Code

103 - General Business - Administration

Course Code

ECNM 151 - PRINCIPLES OF MACROECONOMICS

Learning Outcomes Relationships

PLO 1: Distinguish between and analyze the multiple (economic, financial, legal components of business.

CLO 2: Identify the basic macroeconomic terminology and concepts, including differentiating between real and nominal values and positive and normative economics.
CLO 3: Explain scarcity and opportunity cost.
CLO 4: Define and explain the nature of the business cycle.
CLO 6: Describe the Federal Reserve System and monetary policy including how its actions impact the supply and demand for money.

History