Examines the aggregate activity of a market economy, economic growth, inflation, unemployment, and the use of fiscal and monetary policy to address macroeconomic problems.
Course Outcomes
Upon successful completion, students should be able to:
- Interpret basic macroeconomic indicators including GDP, unemployment, and inflation.
- Identify the determinants of economic growth.
- Apply economic models to explain macroeconomic outcomes.
- Compare fiscal and monetary policy tools, and their uses and economic impacts.
Prerequisites
Equivalent placement test scores also accepted.
Prerequisite Courses
Recommended Prereq Courses
Additional Information
This course fulfills the following GE requirements: Social Sciences/AAOT, Social Sciences/AS, Social Sciences/ASOT-B, Social Sciences/AAS, Social Sciences/AGS.