Credit Hours: 3 This course approaches the subject from the point of view of macroeconomics, studying the nature and method of economics and describing how the capitalist system functions. Further study is made of the business cycles, fiscal policy, monetary policy, gross national product, and similar concepts. Some time is devoted to the study of competing economic systems. Course is transferable as general studies credit to all other state institutions of higher education in West Virginia for credit with the grade earned.