ECON 405 - Macroeconimics for Managers

Institution:

New York Institute of Technology

Subject:

Description:

The main goal of this course is to analyze and understand the economy in which business operates today. Attention, therefore, centers on the key policy issues and major economic forces that affect business activity and on the tool necessary to evaluate these issues and forces. The former includes unemployment, inflation, fiscal policy and the true nature of budget deficits, monetary policy and the changing financial environment, the role of the U.S. dollar, productivity and international trade. The tools of analysis include the portfolio approach, Keynesian and modern monetarist approaches, rational expectations, and the real business cycle. The course also explores the role placed by the U.S. and world financial markets in influencing the domestic and global economic environment. Prerequisite: ECON 201.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.nyit.edu

Phone Number:

(516) 686-7516

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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