Introduction to the principles of Macro Economics including unemployment, inflation, aggregate demand/supply, Classical and Keynesian Theories, fiscal and monetary policy tools, money and banking, and current economic problems.
Prerequisites
Course Outcomes
Upon successful completion of the course, students should be able to demonstrate the following knowledge or skills:
- Read and comprehend current publications dealing with the world around us.
- Think in a more objective and logical manner when dealing with issues that deal with society and business.
- Reason accurately better ways to solve economic dilemmas that face the global society.
- Correctly use the terminology of economics.
Course Content Outline
- Problem of Economizing International Trade
- Pure Capitalism and Circular Flow Exchange Rates
- Demand and Supply Current Econ. Probs.
- Private and Public Sectors of the Market System
- Measuring Domestic Output
- Unemployment and Inflation
- Aggregate Demand and Supply
- Economic Growth
- Classical and Keynesian Theories of Employment
- Fiscal and Monetary Policy
Department Guidelines
The class syllabus must contain course learning outcomes, class environment/expectations/rules, evaluation/grading guidelines, and a disability services statement. A class schedule must be provided to students that contains content covered (text chapters, topics, etc.) and tentative test dates (to include final date/time). These documents should be reviewed with the ACCT/BUS Faculty at least one week prior to class start. If an LMS or software is used for the course, it must be approved by the ACCT/BUS Faculty.