ECN-2025 - Principles of Macroeconomics* (B) (3)

Prerequisite: ECN-2020 ; or permission of Chair
In this introduction to modern macroeconomics, students examine the scarcity of resources; aggregate supply and demand; the private and public sectors; gross domestic product; unemployment and inflation; and fiscal and monetary policies for correcting the economy. Also covered are the successes and problems of some recent economic policies as well as the impact of international trade and a global economy. This course satisfies the General Education Social/Behavioral Science requirement.

List Course Outcomes (consistent for all sections)
CO1 - Evaluate economic well-being using GDP, Unemployment, and Inflation data

CO2 - Predict macroeconomic equilibrium using the Aggregate Demand and Aggregate Supply Model

CO3 - Assess the effects of Fiscal Policy on macroeconomic variables using the Aggregate Demand and Aggregate Supply Model

CO4 - Assess the effects of Monetary Policy on macroeconomic variables using the Aggregate Demand and Aggregate Supply Model

CO5 - Compare the difference between the national deficit and debt and their importance to economic growth.

Course Fee: Direct Digital Access Fee