May 19, 2024  
2015-2016 Catalog (Original) 
    
2015-2016 Catalog (Original) [ARCHIVED CATALOG]

EC 201 PRINCIPLES OF MACROECONOMICS


Min Units 3 Max Units 3
This course will address two major questions: (1) what are the causes of recessions, unemployment and inflation; and (2) what can governments do to combat business cycles and reduce unemployment? Topics covered include: fiscal policy, federal debt, monetary policy, and the Federal Reserve System. We will also look at the impact of international trade and the balance of payments. It is recommended that the student take this before EC 202. Lecture: 3 hours per week. 3 CRNCR Y BUSINESS