Evaluate economic, political, regulatory, legal, technological, and social contexts to address organizational challenges in a global society.
| Number | Title | Description | Credit(s) |
|---|---|---|---|
| BAEF 110x | Government Budget Process |
The goal of this course is to expose students to the budget process and what it takes to balance a budget in a dynamic world. Students will research the main sources of federal government revenues and the main categories of federal government outlays to differentiate between the federal government budget deficit and the national debt. Students will also identify the various options available to the federal government to balance its budget and explain why it seems so difficult for the federal government to do so. Students will also research whether spending cuts or taxes are the best way to balance the federal budget and make specific recommendations for addressing current budget problems. Finally, students will complete a budget puzzle and explain the inherent tradeoffs in balancing a budget. They will also rationalize their budget, along with identifying the potential winners and losers of their decisions. Required text: Saylor Academy. Principles of Macroeconomics. (2012). (Materials provided with project.)
Prerequisites |
1 |
| BAEF 111x | Business Cycle Analysis |
The goal of this course is to encourage students to explore the differences and similarities between the causes of the two most recent U.S. economic recessions. Students will also evaluate the effectiveness of the monetary and fiscal policies (demand-side and supply-side) that were designed to combat each recession. Students will also recommend and explain specific fiscal and monetary policies that they would have personally preferred to see implemented. Finally, students will explain why the Great Depression was relatively worse than the Great Recession of 2007 to 2009. Required text: Saylor Academy. Principles of Macroeconomics. (2012). (Materials provided with project.)
Prerequisites |
2 |