Macroeconomics (ECON 1200)

Macroeconomics is a branch of economics that aims to explain the functioning of the national economy as a whole. Macroeconomics looks at the behavior of a nation's economic aggregates, whereas microeconomics studies decisions made by individual consumers and business firms. The objectives of this course are to introduce the student to the basic principles of macroeconomic analysis, to illustrate how macroeconomics can be used to help understand the world around us, especially issues presented in the media. Topics include: national income analysis and determination, inflation, unemployment, fiscal and monetary policy, money and banking, national debt, and international trade. Emphasis on the everyday applications of macroeconomics makes this more than just a pure theory course. Microeconomics and Macroeconomics can be taken concurrently or in any order.