ecop372 | 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 This course is available as part of a degree or certificate program. To enroll, speak with an Enrollment Representative.

Course details:

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

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    Fundamentals of Macroeconomics

    • Identify sources of historical economic data and economic forecasts.
    • Describe gross domestic product, inflation rate, unemployment rate, and interest rate.
    • Explain the economic interaction of resources among households, government, and business.

    International Trade and Finance

    • Explain how foreign exchange rates are determined.
    • Analyze the effects of international trade on the U.S. macroeconomy.
    • Analyze the impact of trade restrictions, tariffs, and quotas on the U.S. macroeconomy.

    Aggregate Demand and Supply Models

    • Evaluate the effectiveness of changes in fiscal policies using Keynesian and Classical models.
    • Analyze the impact of various factors on aggregate demand and supply.

    Fiscal Policy – Politics, Deficits, and Debt

    • Analyze the influence of deficit, surplus, and debt on the health of the U.S. macroeconomy.

    Monetary Policy

    • Analyze how the money multiplier effect facilitates the creation of money.
    • Explain the role of the Federal Reserve System in designing and implementing U.S. monetary policies.
    • Assess the factors contributing to the establishment of general and specific rates of interest.
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