Business Economics II | 3 Credits

Students examine the federal budget process, government revenues and expenditures, budget deficits, and the national debt. The course explores economic and political tradeoffs involved in fiscal decision-making.
Students assess alternative approaches to balancing the federal budget, evaluate the consequences of spending and taxation choices, and develop evidence-based budget recommendations.

Prerequisites

• BAEF 100x Microeconomic Market Analysis I

This course explores business cycles, economic recessions, inflation, unemployment, and economic output. Students examine aggregate supply and demand and the roles of fiscal and monetary policy in responding to economic instability.
Through comparisons of major U.S. downturns, students evaluate policy responses, explain their economic effects, and recommend alternative approaches supported by macroeconomic reasoning.

Prerequisites

• BAEF 110x Government Budget Process