Ferrum College ECO 201 Principles of Macroeconomics Winter 2024, Start Date 12/09/24

Definition of economics and its methodology. Scarcity and the resulting macroeconomic problems. Measures and fluctuation in the level of economic activity (size and components of GNP, full employment, growth), stabilization policies, (inflation, unemployment). Money, financial markets and monetary policy in an open economy. *3* *Credit(s).*