Principles of Macroeconomics

Catalog description

GE-Social Science This course introduces students to economic concepts, relationships, and institutions related to the aggregate economy. Keynesian and classical analysis is used to analyze the effect of fiscal and monetary policy actions on employment, output, and prices. Topics covered include business cycles, economic growth, unemployment, inflation, aggregate demand/supply, fiscal policy, monetary policy, and international trade. This course must be taken by all business majors as a part of the business core requirement (ECON 23010 may not be substituted.) Although not required, it is recommended that students complete ECON 23020 prior to taking ECON 23030. Fee Information: Lab fee may be required. Prerequisite: MTH 14100 , MTH 14200 , MTH 15100 , MTH 15200 , MTH 17500 , MTH 24100 , MTH 27100 , or MTH 27200 with a C or better.