Analysis of some of the major current issues in the American economy undertaken after a historical survey of the emergence of modern economic institutions. Study of the system of production and distribution of goods and services in the American Economy. Topics include analysis of the operation of markets, consumer theory, production decisions, market structure, and the distribution of income.
Emphasis is on study of economic policy and institutions.
Analysis of the factors that influence the level of employment, the rate of inflation, and the rate of growth of Gross Net Profit. Topics include aggregate demand, aggregate supply, economic fluctuations, the role of money, fiscal and monetary policy, international trade, and productivity. 36-210 Economic and Business Statistics 3 cr. 36-305 Money and Banking 3 cr. Analysis of the experiences of women and ethnic minorities in the economy, extending the traditional interpretations of economic issues to the unique experiences of these groups.