Principles of Macroeconomics

Catalog description

This course provides an introduction to the fundamental topics in macroeconomics, the analysis of the economy as a whole. After an overview of introductory economic concepts, such as comparative advantage, opportunity costs, and supply and demand, the course focuses on the determinants of aggregate income, employment, and prices. Other topics include the study of long-run economic growth, the business cycle, the financial system, as well as monetary and fiscal policy. * ECI-UF 101 and ECII-UF 102 may meet some of the equivalent course requirements for the College of Arts and Science. Students may take ECI-UF 101 and ECII-UF 102 in any order; neither course is a pre-requisite for the other.