C OURSE  S YLLABUS   ECON 214 P RINCIPLES OF M ACROECONOMICS C OURSE D ESCRIPTION The aggregate supply and demand model is used to analyze macroeconomic problems including business cycles, unemployment, and inflation. Government fiscal and monetary policies that may stabilize the economy are introduced and evaluated. The U.S. financial system and the value of U.S. dollar in the foreign exchange market are covered. R ATIONALE ECON 214 teaches students about the structure of the economy and the interactions among its different sectors so that they can make good economic decisions, whether for self or public benefit. I. P REREQUISITES None II. R EQUIRED R ESOURCE P URCHASES American Psychological Association. Publication manual of the American Psychological Association (current edition). Washington, DC: American Psychological Association. Gwartney, J. D., Stroup, R. L., Sobel, R. S., & Macpherson, D. (2013). Economics: Private and public choice (14th ed.). New York, NY: Cengage Learning. ISBN: 9781111970215. Stapleford, J. E. (2009). Bulls, bears & golden calves: Applying Christian ethics in economics (2nd ed.). Downers Grove, IL: InterVarsity Press. ISBN: 9780830827244. Disclaimer: The above resources provide information consistent with the latest research regarding the subject area. Liberty University does not necessarily endorse specific personal, religious, philosophical, or political positions found in these resources. III.
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