About This Course
Application of elementary econometric procedures and statistical inference as used in business and economics.
Course At A Glance
A study of national income determination, commercial and central banking, money, monetary policy, fiscal policy, economic growth, and the economics of trade and exchange rates. Some knowledge of basic mathematics and algebra, as well as the ability to understand and interpret economic data, is desirable. This course is not a prerequisite for ECO223.
The study of markets, supply and demand, value distribution, business organization, market structure, and selected problems in microeconomics. Some basic mathematics and facility with graphs are necessary. ECO223 may be taken before ECO221.
An introductory study of statistics, including such topics as numerical and graphical descriptive statistics, sampling methods and design of studies and experiments, basic probability and the distribution of sampling statistics; and inferential procedures such as confidence intervals and tests of hypothesis. This course does not count toward a major or a minor in Mathematics.