Principles of Macroeconomics

Catalog description

This course introduces the fundamental concepts of macroeconomics within the framework of the American capitalist system. It focuses on the aggregate behavior of the economy. Specific topics include the market system, consumption, investment, government revenue and expenditures, national income, the business cycle, inflation, unemployment aggregate demand, aggregate supply, fiscal policy, monetary policy, and the banking system. It emphasizes class discussion of contemporary economic issues and the development of critical thinking and problem-solving skills. Lecture 3 hours per week. (ACTS Department/Number/Title - ECON 2103 Principles of Macroeconomics)