Basic macroeconomics related to the development of the American Economics system. Factors which determine prices in a market economy, the use of budgets, efficiency in business and government, the role of money and monetary institutions and monetary policy in our economy, the measurement of economic activity, the principles of taxation, business cycles, and the determination of income and employment, economic security and economic stability, and economic growth and ecology.
3 credits (3 lecture hours), fall or spring semester
These credits count toward the Social Sciences (list C) requirements for graduation.
This course satisfies SUNY General Education Requirements for “Social Sciences”.