BUSA 2210 Introduction to Macroeconomics

This course replaces BUSA 3210, Global Economics, and focuses on analysis of economic factors that determine the level of national income, prices, unemployment, and economic growth from various theoretical perspectives. Consumption, investment, and monetary and fiscal theories are presented in detail. International finance is examined.

Credits

3

Prerequisite

BUSA 1210

Typically Offered

Athens Campus: fall evening — Demorest Campus: fall day, spring evening

Student Learning Outcomes

At the successful completion of this course, students will be able to:

1. Identify the strengths and weaknesses of key forecasting tools used to predict economic trends
2. Describe how inflation is measured and the impact of inflation on the economy
3. Measure economic growth using common measures like Gross Domestic Product
4. Identify the relationship between interest rates, unemployment and investment in an economy
5. Identify the costs and benefits associated with foreign direct investment and international trade 
6. Identify the relationship between current account balances and foreign direct investment