Introduction to Macroeconomics
|Number of hours||45hrs|
Macroeconomics introduces the student to the basic terms, principles and methods of economics, and to their application to the economy, as a whole. In particular, the course focuses on macroeconomic phenomena including the level of output (GDP), economic growth, unemployment, inflation, business cycles, as well as fiscal and monetary policies. Students learn to describe and interpret basic indicators for the Canadian economy and for other economies around the world. Please note that students in Business Administration Technology (410.12) cannot take Macroeconomics as a complementary course as it is a part of the Economics for Business course. However, they can take a second-level economic course as complementary course, once they have completed Economics for Business 383-320-LW.