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Nov 23, 2024
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ECON 2203 - Macroeconomics* 3 Credits
Designed as the introductory course to basic economic concepts, tools, reasoning, and methods of analysis relating to the economizing problem and capitalism. The course concentrates on basic topics of the determinants of employment and prices; measuring national income; monetary and fiscal policy; and money and banking.
Course Level Objectives
Upon successful completion of this course, the student will be able to:
1. Discuss general economic theories-both historic and current-that influence national and trans-national economic analysis. (GEO 1, 3)
2. Describe the basic economic principles that govern aggregate supply and demand, cyclical economic changes, and monetary policies such as surpluses, deficits, and debts. (GEO 1, 3)
3. Identify the role of government institutions in managing national economies, including policies relating to banking, inflation, unemployment, accounting, and currency. (GEO 3, 4)
4. Analyze the economic principles that regulate global trade practice and markets, and how this trade impacts global poverty trends. (GEO 2, 3)
ACTS Equivalent Course Number: ECON 2103
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