This course studies the concepts of economic aggregates and modern employment theory; the determinants and statistical measurement of national income, consumption, investment, saving and economic growth; the impact of fiscal policy and governmental actions.
Students are provided the tools for cost-benefit analysis vital to decision making in organizations.
Students analyze the principles and practices of foreign trade, mechanisms of international finance and balance of payments, survey of commercial treaties, world trade institutions and the forces of globalization.
This course studies the development of economic theories from the beginning of the classical tradition through Marxian and Socialism of the twentieth century. Specifically, students will study modern developments during this time period.
Students will reflect on poverty, its dynamics and remedies, and the just demands of the poor.
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