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"Degrees & Programs"

ECO/372T

Principles of Macroeconomics

Online

Format

$1194

Estimated Tuition

credits

Total credits

weeks

Course length

Start when you're ready

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Please Note: Attendance and participation are mandatory in all University courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.

University of Phoenix reserves the right to modify courses. While widely available, not all programs are available to residents of all states. Please check with a University Enrollment Representative.

Course level: Undergraduate

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.

Prerequisites

None

What you'll learn

Course skills and outcomes

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

  • Examine what money is and how the Federal Reserve controls the quantity of money.
  • Analyze the cause and cost of inflation.

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.

Why UOPX

Why take courses at University of Phoenix

Accreditation that matters

We’ve been accredited by the Higher Learning Commission (hlcommission.org) for more than 40 years.

Real-world instructors

Learn from instructors who bring an average of 25 years of working experience to the classroom.

Affordable and potentially reimbursable

Our tuition and fees are competitive and fixed. Also, check to see if your employer will cover you for this course.

Next Steps

Start a conversation about your future with an enrollment representative today.

Start a conversation about your future with an enrollment representative today.

Call (844) 937-8679

Transfer Credits

Credit Transfer

Credit Transfer

Need to transfer credits to another college or university?

Before you enroll in a course, check with your school of choice to make sure they will accept our transfer credits and to understand any requirements or limitations. Then you can complete your course, and request your official transcript be sent to your school. That’s it!

How to request your transcripts