A study of the American economic system, including the basic tenets of the private enterprise system, national income accounting, economic instability, unemployment, inflation, modern theory of income employment, employment and prices, fiscal and monetary policy, banking system (including the Federal Reserve), and related contemporary macroeconomic issues. Lab fee. 08/25/2016-12/08/2016 LECTURE Tuesday, Thursday 08:30AM - 09:50AM, Classroom Building, Room 303