2021-2022 Undergraduate Academic Catalog

CECON 2102 Macroeconomics

Macroeconomics is the study of aggregate economic behavior - determinants of total output and income, determinants of prices and their rate of change, determinants of growth in the aggregate economy. This includes the effects of government policy to achieve full employment, price stability, and economic growth. The study of macroeconomics is set in the broader context of concern for human well-being. (Class – 3 hours, Lab – 1 hour, Course hours – 4; Credits – 3) The lab component is 25% of the course grade and attendance is required. The lab is scheduled on a day that is different from the days that the class meets.