⚠ Due to ACE changes, this course must be completed no later than December 31, 2019, to get ACE approval for credit transfer.
ECO 201: Principles of Macroeconomics
This course introduces students to the study of Macroeconomics by focusing on how we make choices in a world of scarce resources. We start by learning about the first analytical model in economics: supply, demand, and equilibrium. Next, we move on to discuss elasticity and price, two key concepts in economics. The Macroeconomic perspective is then applied to economic growth, unemployment and inflation, and international trade and capital flows. The discussion then shifts to the principal Macroeconomic model, Aggregate Demand/Aggregate Supply, and how it is applied to the Keynesian and Neoclassical perspectives. We conclude by learning about monetary policy, fiscal policy, the role of government, and international economics.
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