Course

Course Summary
Credit Type:
Course
ACE ID:
ICS-0049
Organization's ID:
BUS121
Organization:
Penn Foster College
Location:
Classroom-based
Length:
Self-paced (52 weeks)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Introduction to Macroeconomics
Description

Objective:

The course objective is to provide an overview of macroeconomics and the modern market economy. Law of supply and demand, the cost of living, monetary systems, international factors, and short-run economic fluctuations will be examined and discussed.

Learning Outcomes:

  • Explain the economic systems and the economic perspective
  • Explain money, banking, and financial policy
  • Identify the key factors in macroeconomics and how economists study the economy as a whole
  • Explain the macroeconomic models and fiscal policies
  • Explain extending analysis of aggregate supply, current issues in theory and policy, and international economics
  • Analyze foreign exchange and investment and the effects each nation's economy has on another nation's economy

General Topics:

  • Introduction to economics and the economy
  • GDP, growth, and instability
  • Macroeconomic models and fiscal policy
  • Money, banking, and monetary policy
  • Extensions and issues, and international economics
Instruction & Assessment

Methods of Assessment:

  • Examinations
  • Quizzes
  • Written Papers

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from Penn Foster College

Business Statistics
(ICS-0044)
Computer Applications
(ICS-0167)
Earth Science
(ICS-0208)
Foundation Skills in Math
(ICS-0244)
Intermediate Algebra
(ICS-0254)
Introduction to Biology
(ICS-0207)
Introduction to Business
(ICS-0046)
Nutrition
(ICS-0160)
Pre-Calculus
(ICS-0240)
Principles of Management
(ICS-0069)
View All Courses