EC 202 Introduction to Macroeconomics
Introduces the determination of levels of national income, employment and prices, and the basic causes of fluctuations in the business cycle, the banking system, monetary policy, and financial intermediation. Includes other topics such as international trade and international finance.
Prerequisite
MTH 111Z with a grade of C or better.
Notes
Lower Division Transfer (LDT) Course
General Education Requirements
AGS Social Science, AS Social Process/Institution, AS Liberal Arts Core 4, AAOT Social Sciences
Outcomes
Upon successful completion of this course, students will be able to:
Define basic macroeconomic aggregates and provide welfare interpretations of their movements. Understand the differences between the short-run and long-run effects of economic policies and actions. Discuss the determinants of long run growth. Determine the impacts of various fiscal and monetary policies using the short run model.