SVCC College Catalog

ECO 110 CONSUMER ECONOMICS (3 cr.)   Fosters understanding of American economic system and the individual’s role as a consumer. Emphasizes application of economic principles to practical problems encountered. Alerts students to opportunities, dangers, and alternatives of consumers. Lecture 3 hours per week.

ECO 120 SURVEY OF ECONOMICS (2-3 cr.)   Presents a broad overview of economic theory, history, development, and application. Introduces terms, definitions, policies, and philosophies of market economies. Provides some comparison with other economic systems. Includes some degree of exposure to microeconomic and macroeconomic concepts. Lecture 3 hours per week.

ECO 201 PRINCIPLES OF MACROECONOMICS (3 cr.)   Introduces macroeconomics including the study of Keynesian, classical, monetarist principles and theories, the study of national economic growth, inflation, recession, unemployment, financial markets, money and banking, the role of government spending and taxation, along with international trade and investments.  Lecture 3 hours per week.

ECO 202 PRINCIPLES OF MICROECONOMICS (3 cr.)   Introduces the basic concepts of microeconomics.  Explores the free market concepts with coverage of economic models and graphs, scarcity and choices, supply and demand, elasticities, marginal benefits and costs, profits, and production and distribution.  Lecture 3 hours per week.

ECO 230 MONEY AND BANKING(3 cr.) Reviews history of American banking institutions, principles, and practices. Emphasizes the relationship of finances to business structure, operation, and organization. Examines present financial structures, agents, problems, and institutions. Lecture 3 hours per week.