Macroeconomics

Macroeconomics is about the growth of the economy and fluctuations in output, employment, and general level of price. The growth of output is extremely important because it makes higher levels of consumption and living standards possible. Fluctuations in output and prices can inhibit growth and generate economic hardship.

Throughout the course, students will examine appropriate fiscal and monetary policy actions for dealing with, output, unemployment, and inflation in our economy. Gaining from international trade and foreign exchange markets will also be explored.