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.

Credits

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

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.