154 Economics 257 Economics 131. A study of the fundamentals of economic analysis with particular emphasis upon national output, employment, and price levels. The monetary and financial system is explored together with problems of economic stability.
Special attention is given to the role of government fiscal and monetary policy.
Current issues such as social security reform are considered. The course includes a field trip to the Federal Reserve Bank of Philadelphia. C.W. Lindsay 3 Credits. A study of the fundamentals of economic analysis with particular emphasis upon consumer demand behavior and the output and pricing decisions of business firms under various market structures. Introduction to international economic theory.