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

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 and calculate the common measures of economic conditions such as GDP, unemployment and growth rates.
2. Describe how inflation is measured, its impact on the price level and the effect on interest rates and investment.
3. Explain the Aggregate Demand-Aggregate Supply model in relation to long and short run time horizons.
4. Explain the goals of fiscal and monetary policy and the impact government decision making has on the economy.
5. Identify the relationship between foreign direct investment, international trade and current account balances.