Prerequisites: ECON 002 or ECON 002H
Description: Examines the determination of the equilibrium level of national income and its allocation among consumers, investors, and government. Develops theoretical mod- els that describe how employment, production, and inflation are determined. Focuses on the impact of government policies, as well as the current develop- ments on these issues.
Credit: Credit is awarded for only one of ECON 103 or ECON 105A.