ECN2000 - PRINCIPLES OF MACROECONOMICS
PRINCIPLES OF MACROECONOMICS
Principles of Macroeconomics
(Intermediate Liberal Arts Elective)
Analyzes the conceptualization, measurement, and determinants of key variables for any economy: output, employment, prices, interest rates, exchange rates, and their fluctuation with the national economy over the business cycle. Inflation, deflation, recessions, trade imbalances, as well as diverse social challenges such as poverty and income inequality are examined. Students will learn about the banking system, money creation, and the tools of monetary, fiscal, and trade policies used by governments to manage sustainable growth in the context of the international economy.