eco372t | undergraduate

Principles Of Macroeconomics

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This course provides students with the basic theories, concepts, terminology, and uses of macroeconomics. Students learn practical applications for macroeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events.

This undergraduate-level course is 5 weeks This course is available to take individually or To enroll, speak with an Enrollment Representative.

Course details:

Credits: 3
Continuing education units: XX
Professional development units: XX
Duration: 5 weeks

topic title goes here

    Output, Income, and Economic Growth

    • Describe the measurement and limitations of the gross domestic product.
    • Calculate growth rates and the time needed for an economy to double in size.

    Business Cycles, Unemployment, and Inflation

    • Identify the different phases of the business cycle, types of workers in the labor force, and components of the Consumer Price Index.
    • Calculate unemployment and inflation rates.

    Public Finance, and Aggregate Supply and Demand

    • Determine the different sources of revenue and expenditures of federal, state, and local governments, as well as the size of the national debt.
    • Analyze how aggregate supply or aggregate demand shifts cause output fluctuations in the short run and the long run.

    Money and the Federal Reserve

    • Examine what money is and how the Federal Reserve controls the quantity of money.
    • Assess how changes in money supply and demand affect the interest rate.

    Fiscal and Monetary Policy

    • Evaluate how the government conducts fiscal policy to influence aggregate demand, real GDP, unemployment, and inflation.
    • Evaluate how the Federal Reserve conducts monetary policy to influence aggregate demand, real GDP, unemployment, and inflation.
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    While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative.

    Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.