ECON102-EXC: Principles of Macroeconomics

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ECON102-EXC: Principles of Macroeconomics

Economics is traditionally divided into two parts: microeconomics and macroeconomics. The main purpose of this course is to introduce you to the principles of macroeconomics. Macroeconomics is the study of how a country’s economy works while trying to discern among good, better, and best choices for improving and/or maintaining a nation’s standard of living and level of economic and societal well-being. Historical and contemporary perspectives on the roles and policies of government are part of the mix of interpretations and alternatives that surround questions of who or what gains and loses the most or least within a relatively small set of key interdependent players. In the broadest view, that set consists of households, consumers, savers, firm owners, investors, agency and elected officials, and global trading partners in which some wear many hats and face price considerations at two levels. Consider one distinction between macroeconomics and microeconomics though prices are taken into account in bot…

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This examination measures knowledge and understanding of material typically taught in an introductory undergraduate course in Micr…

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The Principles of Microeconomics examination covers material that is usually taught in a one-semester undergraduate course in intr…

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