ECN 2301 Macroeconomics

Macroeconomic theories provide simplified descriptions of the national economic system.  Theories include the Circular Flow Model, Theory of Comparative Cost Advantage, Theory of Aggregate Demand and Aggregate Supply, and Supply-Side Economics.  Graphing skills as a “language” used to communicate theories.  Students develop skills in using theories to understand and critique Federal fiscal and monetary policy.   Other topics include international trade, economic growth, business cycles, and fiscal policy and monetary policy.