Nov 21, 2024  
University Catalog 2024-2025 
    
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University Catalog 2024-2025
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ECON 2020 - Principles of Macro Economics

Functioning of the market system. Measuring national income, measuring inflation (CPI) and unemployment, introduction to the basic macroeconomic model of the quantity theory of money, money supply growth and inflation, Keynesian theory of income, employment and the price level, the neoclassical synthesis, the macro economic impacts of monetary and fiscal policies. Prerequisite(s): None. There is no mandatory sequence for taking ECON 2010  and ECON 2020. Students may take Principles of Macro Economics before Principles of Micro Economics. (3, EXPLORATIONS/Human Behavior, FaSp)


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