Designed as a survey of macroeconomics, this course begins with an introduction to the definitions, concepts and tools required for analysis of economics in our society. Using tools gained in this class, students will answer some key questions: Can government policies stimulate a distressed economy? What impact do interest rates have on the average consumer, lenders and the credit market? How do tariffs affect global productivity?
Case studies supplement lectures and class discussion. With a focus on the current global financial crisis, major topics include mechanisms of supply and demand, inflation and unemployment, monetary and fiscal decision-making in international finance.
Sample reading list:
Macroeconomics: Principles, Problems, & Policies (20th Edition)
Principles of Economics (Seventh Edition)