An introduction to the macro-economics of a modern industrial society. This course is an analysis of economic aggregates: inflation, unemployment, economic growth, and the distribution of income (including current policies and problems). The course presents problems of fiscal and monetary policy and places primary emphasis on critical understanding of the economy's ability to meet the needs of its people participating as workers, consumers, and citizens. (3 lecture hours per week). Prerequisites: READ 0310 and ENGL 0310. [ CB45.0601.5125]

Cr. 3. (3-0). Prerequisite: MATH 1310 or equivalent or consent of instructor. Credit may not be earned in both ECON 2301 and 2305. Not intended for business administration majors. Economics majors/minors who earn at least a B+ in ECON 2301 may petition to substitute 2301 for 2305. Nontechnical introduction to microeconomic and macroeconomic concepts emphasizing global economy.