BBA 2401

Description

Provides an understanding of macroeconomics as one of the most relevant and interesting subjects to study. Explains how public policy is formed and encourages a greater appreciation for how a modern economy functions. Economics is also emphasized as a practical tool for managerial decision-making.

Objectives

1. Recognize resource scarcity as the central economic problem.
2. Analyze how supply and demand creates the market for goods and services.
3. Discuss various national economic indicators and how each relates to economic growth.
4. Examine the effects of unemployment and inflation on the economy.
5. Construct the aggregate expenditure and demand model of the macro economy.
6. Discuss the interaction of the Federal Government and the Federal Reserve Bank in controlling the economy.
7. Illustrate monetary theory using the money supply and demand model.
8. Analyze the international economy through trade interdependences and financial interactions.

PreRequisites

None

Textbook(s)

* Disclaimer: Textbooks listed are based on the last open revision of the course. Prior revisions and future revisions may use different textbooks. To verify textbook information, view the course syllabus or contact the CSU Bookstore at bookstore@columbiasouthern.edu