Fundamental economic ideas and the economy’s operation 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, the 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.
https://www.citytech.cuny.edu/socialscience/docs/courses/ECON1101.pdf
