Principles of Macroeconomics

This is one of two introductory courses dealing with basic economic principles. The course introduces basic concepts of macroeconomic theory. Topics include unemployment; inflation; aggregate demand; income determination and stabilization policies; fiscal and monetary policies; and the Keynesian monetarist debate over stabilization policy. *Economics I and Economics II may meet some of the equivalent course requirements for the College of Arts and Science. Students may take ECI-UF 101 and ECII-UF 102 in any order; neither course is a pre-requisite for the other.