Introduces the economic dilemma, supply and demand, and the roles of major sectors within the economy. Explores the process of national income and output determination and the use of monetary and discretionary fiscal policies to control inflation and unemployment. Keynesian economics, the Monetarist School, and modern classical macroeconomics are examined and compared. (Same as RODP ECON 2010)
PREREQUISITES: An acceptable placement score, or DSPM 0800; an acceptable placement score, or DSPR 0800. General Education: Course can be used to meet Minimum General Education Core requirements. Credits: (3)