PRINCIPLES OF MACROECONOMICS

Catalog description

This course introduces macroeconomic analysis and its application. Students study the economy as-a-whole, analyzing and interpreting macroeconomic data on national income, unemployment, inflation, interest rates and exchange rates. Basic models are utilized to understand recessions, recoveries and changes in macroeconomic data. Students use this understanding to evaluate taxes and government spending (fiscal) and interest rate (monetary) policies, as well as to identify their impacts on society. Conventional grade basis only if this course is required in the College of Business and Economics for major. (SBS and SBS-S) PREREQ: ECON 201 OR ECON 213