MACROECONOMICS (2 SCU)

Learning Outcomes:

Upon successful completion of this course, students are expected to be able to review the elements of gross domestic product, growth, and instability; demonstrate macroeconomic models and fiscal policies, deficits, and debts; discuss the dependence of economic growth on the financial sector, financial crises, and inflation; and examine the outcome of trade under fixed, flexible, and partially flexible exchange rates.

Topics:

Introduction to the nature of economics, private and public sectors of the economy, major economic problems, and the use of fiscal and monetary policies and its influence on the economy.

Prerequisite(s): None