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ECON 2

Macroeconomics introduces the student to the workings of our economy at large. In particular the student is introduced to the concepts and interrelationships between the following macroeconomic variables: GDP, the price level and inflation, real GDP, the unemployment rate, interest rates, stock prices, the foreign exchange rate, and the balance of international payment. Emphasis is placed on the practical application of the foregoing topics towards understanding how current events of either a private or government nature affect the economy at large.