Taught in the Fall and Spring
Course Description
Income, employment, and inflation theory with policy implications.
Learning Objectives
- Measurement of GDP, unemployment, inflation, real interest rates and money supply
- Understand the impact of fiscal and monetary policies, and exogenous shocks, and the difficulties of countercyclical policy actions
- Understand the role of the Fed and its policy decisions
- Understand the causes of inflation and business cycles
- Comprehend the connection between trade and domestic savings and investment
Disability Statement
Students with Disabilities: Reasonable accommodations are available for students with a documented disability. If you have a disability and may need accommodations to fully participate in this class, please visit the Disability Resource Center (DRC). All accommodations MUST be approved through the DRC (Admin Annex Bldg, Room 205). Please stop by or call 509-335-3417 to make an appointment with a disability specialist.