How a Nation's Economy Works: An Introduction to Macroeconomics
This course is expected to run but has not yet been scheduled.
The purpose of this course is to introduce students to the study of economics and more specifically to macroeconomics, that is, with how the big picture of how the economy works.
What are the sources of long-run economic growth? Why are some countries so much richer than others? What determines the course of the business cycle? How are inflation and unemployment affected by policy actions of the Federal Reserve Board? What are the consequences of government budget deficits? Why does the value of the U.S. dollar fluctuate in terms of other currencies? What is the connection between the stock market and the overall state of the economy?
Anyone who does well in this course will have an understanding of current macroeconomic issues and debates.
An interest in current events is required.