ECO-204

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Principles of Macroeconomics

EconomicsUndergraduateHumanities, Business, & Social Sciences

Explain the concept of scarcity and outline its consequences on economic issues

Discuss the concept of supply and demand and express those concepts graphically

Investigate different approaches to solving economic problems by means of a command economy, a market system and a mixed economy

Discuss the relationship between unemployment and inflation

Discuss various topics related to money such as its functions and the effects of change in money supply have on the economy

The Nature and Method of Economics

Graphs and Their Meaning

The Economizing Problem

Individual Markets: Demand and Supply

Applications and Extensions of Supply and Demand Analysis

The Market System

The U.S. Economy: Private and Public Sectors

The United States in the Global Economy

Measuring Domestic Output & National Income

Introduction to Economic Growth and Instability

Basic Macroeconomic Relationships

The Aggregate Expenditures Model

Aggregate Demand and Aggregate Suppl

Fiscal Policy

Money & Banking

How Banks and Thrifts Create Money

Monetary Policy