PSEC 2003 - Economic Concepts for Leaders (3)

This course includes basic principles in the context of macroeconomics and microeconomics for leaders. Macroeconomic concepts studied in this course include the following: modern society and government policy, national income accounting, output determination, fiscal policy, the banking system and international trade. Microeconomic concepts introduced in this course include the following: modern society and business, scarcity and allocation of resources, supply and demand, American and global economies, and resource markets.