Principles of Macroeconomics

(4 Credits)

This course provides an introduction to the fundamental topics in macroeconomics, the analysis of the economy as a whole. After an overview of introductory economic concepts, such as comparative advantage, opportunity costs, and supply and demand, the course focuses on the determinants of aggregate income, employment, and prices. Other topics include the study of long-run economic growth, the business cycle, the financial system, as well as monetary and fiscal policy.