Contemporary Macroeconomic Principles

Catalog description

This course introduces contemporary macroeconomic theory used to study the aggregate level of economic activity in the American economy. The course explores the business cycle and other determinants of the national income, employment, and price levels. Macroeconomic policy is studied including interest rate determination and modern monetary policy and fiscal policy and government budgets and debt. Macroeconomic analysis is applied to social issues such as income inequality and uneven economic growth.