Economics (GR)

This course provides an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed. Important policy debates such as, the sub-prime crisis, social security, the public debt, and international economic issues are critically explored. The course introduces basic models of macroeconomics and illustrates principles with the experience of the U.S. and foreign economies.

This course is an online, Masters level course with an emphasis on the basic concepts of macroeconomics and microeconomics with an understanding of international trade and an introduction to the financial systems role in the economy. It consists of four parts. The first part deals with the introduction and overview of national income and the open economy. The second part deals with economic factors of production, supply and demand. The third part deals with economic growth. The fourth section deals with an overview of asset pricing and institutions.