Outcomes:

After completing this class, students should be able to:

• Acquire and critique the use of primary source statistics in assessing the health of a macroeconomy.
• Explain the relationships between economic growth, unemployment, and inflation.
• Recognize the importance of the Federal Reserve’s regulatory role in money and banking.
• Evaluate the pros and cons of proposed macroeconomic stabilization policy.
• Examine factors that influence long-run growth and productivity.
• Describe how the internationalization of our economy has changed the outcomes and choices of our domestic economy.
• Critically analyze the positive and negative impacts of markets as they relate to social justice and environmental issues.
• Represent and understand economic concepts and outcomes in numerical and graphical form.