Introductory course focusing on aggregate economic analysis. Topics include market systems; economic cycles including recession, unemployment and inflation; national income accounts; macroeconomic equilibrium; money and financial institutions; monetary and fiscal policy; international trade and finance. Includes some use of graphs and elementary algebra.
AA/AS GE, CSU, CSU GE, IGETC, UC
Prerequisite: MATH 103 or 110 or equivalent with a grade of “C” or better or “Pass” (MATH 110 is recommended for Business majors)
Corequisite: None
Recommended Preparation: None
3 UNITS: 3 hours lecture