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Division: Eugene Lang College The New School for Liberal Arts
Course Number: LECO 3877
Course Format: Seminar
Location: NYC campus
Permission Required: No
In contrast to microeconomics, which is the study of the economic behavior of individual consumers, firms, and industries, macroeconomics is the study the economy as a whole. In this course we will study how economists model the relationships between aggregate economic variables and examine how various fiscal and monetary policies can affect the results. This course attempts to address a variety of questions about the functioning of modern economic systems, such as: What causes recessions and depressions? Why is inflation rate higher in some countries than in others? What types of economic policies can be implemented, and what outcomes can be expected? The topics to be discussed in this course include: Interaction between goods, labor and financial markets; and the relationship between unemployment and inflation. The main goal of this course will be to improve your economic literacy and ability to apply economic models to analyze world events. This is a ULS course, taught through Lang. It is open to students across the university.
Course Open to: Degree Students
Open to Undergraduate students.