The course objective is to introduce students to the principles of macroeconomics, focusing on changes in the price level across all markets as well as economic growth, price stability, and full employment. This course introduces and covers traditional macroeconomic topics such as economic growth, the business cycle, unemployment, inflation, and the national income and product accounts, which include Gross Domestic Product (GDP). We will also look at the strengths and limitations of a market or capitalistic economy. The role of supply and demand in a market economy, the monetary and fiscal policy and their effectiveness in combating the most recent recession. Key current economic issues such as the nation’s large national debt, the factors contributing to it, and the long-term outlook for the national debt will also be covered. Topics will also include the slow economic recovery from the last recession, and issues related to the Federal Reserve Board and monetary policy. In this course, we prompt you to think about the national and global issues we face, consider competing views, and draw conclusions from various perspectives, tools, and alternatives.