EC 203 Principles of Macroeconomics

This course introduces macroeconomic concepts and analysis of unemployment and inflation within the context of the business cycle, the determinants of economic growth, the role of interest rates in savings and investment, the interaction of money and the banking system, and corrective monetary and fiscal policies. Students gain an international perspective by assessing the role of international trade and exchange rates in the modern global economy. 

A prerequisite to EC 301, EC 302, EC 303, EC 316, EC 321, EC 342, EC 373, and EC 399

Credits

3

Prerequisite

MA 106 College Algebra or MA 109 Mathematics for Decision-Making or MA 110 Calculus for Decision-Making and EC 202 Principles of Microeconomics