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ECON 102 Introduction to Economics II

Credit hours: 
3

This course introduces some of the basic concepts and issues of macroeconomics. They include topics such as economic growth and overall living standards, national output concepts and measurement, and the national income accounts of Ghana. Other major macroeconomic variables such as the price level and inflation, employment and unemployment, government budget deficits, and balance of payment accounts are also explored. The course also introduces the theory of national income determination in the short run using expenditure analysis.