Covers the overall economy. Includes the basic reasons for and the problems of recession, inflation, and stagflation; the use of monetary, fiscal, and incomes policies; and other economic management tools.
Upon successful completion, students should be able to:
- Think critically and formulate independent and well-considered conclusions about economic issues and
- Effectively participate in the political process and the economy by utilizing an understanding of the historical
evolution of economic systems, institutions and ideologies.
- Understand different paradigmatic perspectives regarding the stability or instability of the macroeconomy.
- Evaluate different public policy options for addressing macroeconomic issues and problems.
- Make rational decisions based on rudimentary marginal analyses.
Equivalent placement test scores also accepted.
This course fulfills the following GE requirements: Social Sciences/AAOT, Social Sciences/AS, Social Sciences/ASOT-B, Social Sciences/AAS, Social Sciences/AGS.