ECON& 202 - Macro Economics

5.0 Credits
Study of the national economy in terms of aggregate spending, money supply, and foreign trade. Various theories are put forth to explain business cycles in the U.S. and world economy (was ECON 202). Prerequisite: MATH 090 and ENGL& 101 (was ENGL 105) each with a grade of 2.0 or higher.

Course Objectives
Upon successful completion of this course, students will be able to:

Explain scarcity and how market forces operate to allocate resources and distribute incomes. [COMMUNICATE].
Critique the tools of both fiscal and monetary policies. [REASON]
Determine the causes of inflation, unemployment, and economic growth. [REASON]
Assess the impact of government policies on the distribution of income and allocation of resources. [REASON]
Analyze current events. [REASON]