Economic theory of the macro-economy. Determinants of unemployment rates, inflation rates, national income, GDP. Tools of public policy available which can be used to promote macroeconomic goals. (Gen.Ed. SB)

This course provides the tools for understanding the evolution of African economies after independence and their current situation in the global economy. The course emphasizes the importance of the interactions between political institutions and economic systems in determining economic and social outcomes. The course will begin with a quick overview of pre-colonial and colonial Africa followed by a selection of topics on independent Africa. Students will lead a series of presentations of country case studies.

Analysis of theories of determination of national income, aggregate employment, and the price level. Monetary and fiscal policy. Inflation, unemployment, and economic growth.

Neoclassical microeconomic theory. Consumer behavior, theory of the firm, markets, income distribution, general equilibrium, welfare economics.

Introduction to the economics of markets and market economies. Basic concepts of demand, supply, production, prices, allocation of resources, and distribution of income. Public policy applications. (Gen.Ed. SB)

Introduction to the economics of markets and market economies. Basic concepts of demand, supply, production, prices, allocation of resources, and distribution of income. Public policy applications. (Gen.Ed. SB)

Neoclassical microeconomic theory. Consumer behavior, theory of the firm, markets, income distribution, general equilibrium, welfare economics.

Neoclassical microeconomic theory. Consumer behavior, theory of the firm, markets, income distribution, general equilibrium, welfare economics.

Neoclassical microeconomic theory. Consumer behavior, theory of the firm, markets, income distribution, general equilibrium, welfare economics.

Economic theory of the macro-economy. Determinants of unemployment rates, inflation rates, national income, GDP. Tools of public policy available which can be used to promote macroeconomic goals. (Gen.Ed. SB)