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Learn the theory of national income determination; the goals of full employment, price stability, and economic growth. Examine alternative uses of fiscal and monetary policy, how the national economy operates, and with what consequences.

Upon completion of this course, the successful student should be able to: -Understand the Foundation of Economics: The Economizing Problem -Understand How Prices and Output Quantities are Determined -Identify the Characteristics of the Market System -Identify the Components of the National Economy -Assess Macro-Economic Performance -Identify alternative national economic policy strategies -Explain the limitations of policies and their co-ordination

*The learning goals displayed here are those for one section of this course as offered in a recent semester, and are provided for the purpose of information only. The exact learning goals for each course section in a specific semester will be stated on the syllabus distributed at the start of the semester, and may differ in wording and emphasis from those shown here.