ECON1101 MacroEcon, SP2018
Professor(s)
Department
Social Science
Course Code
1101
Semester / Year
Spring 2018
Course Description
Fundamental economic ideas and the operation of the economy on a national scale. Production, distribution and consumption of goods and services, the exchange process, the role of government, the national income and its distribution, GDP, consumption function, savings function, investment spending, the multiplier principle and the influence of government spending on income and output. Analysis of monetary policy, including the banking system and the Federal Reserve System.
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