A study of Advanced economic issues related to the economy as a whole. Topics include gross national product, national income, consumption, investment, inflation, and economic growth. Students will examine the issues in the context of current domestic and global economic policies.
Prerequisite Courses
Prerequisites
(LIBR 150 may be taken concurrently).
Course Outcomes
After successfully completing the course, the learner will be able to:
- An understanding of the core principles of macroeconomics and the application of these principles to explaining aggregate economic outcomes and human behavior in everyday situations.
- An understanding of the economic way of thinking and the ability to apply the economic way of thinking to everyday decisions..
- An understanding of the methodology of economics and its limitations.
- An understanding of what makes economies grow over time and how this leads to increases in the standard of living for individuals
- An understanding of the role of diversity in macroeconomics as well as the differences in the impact of policies and outcomes based on genders, races and socioeconomic status.