Introduction to Macroeconomics

Students must also register for one of the following RCT sections: 009, 010, 011, 012, 013, 014

Focuses on the economy as a whole (the ?macroeconomy?). Begins with the meaning and measurement of important macroeconomic data (on unemployment, inflation, and production), then turns to the behavior of the overall economy. Topics include long-run economic growth and the standard of living; the causes and consequences of economic booms and recessions; the banking system and the Federal Reserve; the stock and bond markets; and the role of government policy.