Introductory Macroeconomics: Theory and Policy.

Catalog description

This course introduces the concepts and tools of macroeconomics, which is the study of both national economies and the global economy as a whole. It develops the “economic way of thinking” and the concept of gross domestic product. The course explores business cycles, economic growth, unemployment, inflation, and financial crises, then applies the tools of fiscal policy (government spending and taxes) and monetary policy (money and interest rates) to manage them. Prerequisites: Completion of the Fundamental Skills Math requirement, or placement into MATH 005 or MATH 005E . ( GE1B , GEGR , PLAW )