Market Process Economics II

Course Description

This course is a continuation of ECO 401 and is designed to provide students further understanding of market process economics. Students will learn about the concept of productive activity, the productive role of businessmen and capitalists, money and spending, productionism and unemployment, the productivity theory of wages, alternative approaches to aggregate economic accounting, the role of saving in spending, Keynesian economics, and inflation.

Learning Outcomes

  • Explain the productive role of businessmen and capitalists.
  • Discriminate between economically consumptive and productive activities.
  • Evaluate the role of money in an economy.
  • Explain the causes and consequences of unemployment.
  • Determine what increases and decreases the productivity of labor.
  • Distinguish between different methods of aggregate economic accounting.
  • Evaluate the basic components of Keynesian economics.
  • Demonstrate knowledge of the causes and effects of inflation.
  • Demonstrate the ability to use online resources to research and prepare written and oral assignments.

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Study when and where it’s convenient for you with evening, weekend, and 100% online classes.

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Attend class onsite at one of over 20 campus locations across California or in Nevada.

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