Principles of Macroeconomics

Catalog description

A general introduction to macroeconomics. The course introduces the study of the overall economy. This course examines the determination of national income, causes and effects of inflation, unemployment, and income inequality, causes and consequences of international differences in economic growth, sources of business cycle expansions and contractions; role of government policy in stabilizing the economy and promoting long -term growth, financial markets and monetary policy, taxes, spending, consequences of budget deficits, determination of trade imbalances, exchange rate fluctuations, and balance of payment crises. POLSCI 150 / Introduction to Global Politics / 3 credits [CCU] Introduction to global politics from political, historical, and multicultural perspectives.