Almost every day we hear news reports of
economic problems and successes from around the world.
All over the world, countries are undertaking economic
reforms (often called GLOBALIZATION or STRUCTURAL
ADJUSTMENT POLICIES) that their leaders believe will
provide their citizens with lower unemployment and higher
living standards.
This course will cover the area of economics commonly
defined as macroeconomics. The main goal of
macroeconomics is to gain a better understanding of the
causes of, and remedies for, UNEMPLOYMENT and INFLATION,
as well as the factors that affect ECONOMIC GROWTH
(unemployment, inflation, and economic growth).
We will study these macroeconomic issues in an
international context to try to understand the economic
reforms many countries are undertaking.
Macroeconomic Issues:
- Unemployment
- Inflation
- Economic Growth
