A descriptive analyysis of the structure and functioning of the American economy. Emphasis on basic economic institutions and factors that determine national income, unemployment, inflation and monetary and fiscal policies. This course is an opportunity for you to raise your standard of living by making more intelligent choices.
Education is the key and information is power.
After this course, you will be able to discuss most of the current issues that affect you and your world and perhaps the international economy. The course should enlighten you about political candidates, their platforms, and what is and is not possible in the political arena with respect to economics. You will have a clearer understanding of how banks operate, why interest rates change and who changes them. You will come away with an increased knowledge of the difference between a Keynesian approach and a Supply-side approach to solving economic problems such as recession and stagflation. Some may not be familiar to you, but I seriously believe they will provide you with enough variety to attract your attention and to keep your interest.