ECON 201 Principles of Macroeconomics
This course provides students with an understanding of key macroeconomic issues facing our world and the policy prescriptions needed to address these challenges. Students gain an understanding of basic economic concepts, such as scarcity, resource allocation, opportunity cost, and supply and demand analysis. Students also learn the essentials of macroeconomic policy. These include the goals of economic growth, low unemployment, and low inflation, and the methods to measure them. The course also covers the fiscal and monetary policies used to achieve macroeconomic policy goals, and includes discussions of money, the Federal Reserve System, taxation, government spending, budget deficits, and public debt. This course satisfies the University Core Curriculum requirement in economics. A “C” or better is required in order to use this course as part of the core requirement for any business major.