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Dec 14, 2024
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2024-2025 Undergraduate Catalog
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EC 101 - Principles of Macroeconomics An introduction to the macroeconomic approach to economic analysis. Students learn how to measure and interpret: Gross Domestic Product (GDP), unemployment and price levels through a discussion of fundamental economic concepts and the role of markets. We examine macroeconomic instability through a study of causes and policy prescriptions from two major opposing schools of thought: Classical and Keynesian. We continue with a study of money, interest rates and the Federal Reserve.
Credits: 4
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