Macroeconomics & Literacy

The successful operation of modern economiesydepends on the participation of economicallyyliterate citizens. An economically literateycitizen should be able to: identify problems,ygather relevant information, weigh costs andybenefits, analyze incentives, and make choices.yStudents successfully completing this course willybe able to comprehend and use basic economicyconcepts, interpret major macroeconomicystatistics, explain how both monetary and fiscalypolicy can be used to stabilize the economy, andydiscuss macroeconomic issues.