Description
This course is an examination of the forces determining levels of and changes in national income, employment and the price level, including the role of government through its fiscal and monetary policies. Additional content critically examines the economic system of capitalism and multinational corporations as powerful macroeconomic institutions.
Prerequisites
Qualified for ENG 100.
Designation
Diversification: Social Sciences — DS
Course Student Learning Outcomes (CSLOs)
- Evaluate the power of multinational corporations in global society and recommend a course of action.
- Apply the essential principles and relationships in macroeconomics to real-world phenomena.
- Analyze how the government uses fiscal and monetary policy to manage the economy.
- Critique schools of economic thought, including "free market" ideology and alternative explanatory systems/theories within macroeconomics.