College Bulletin 2014-2015 [ARCHIVED CATALOG]
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ECON 050. Tracking the U.S. Economy The course focuses on the meanings, strengths, and weaknesses of the major macroeconomic statistics. For example, why is the unemployment rate an imperfect labor-market indicator? Why do different employment and price measures sometimes provide differing pictures of the labor market and inflation? Does indexing someone’s income to the Consumer Price Index raise the person’s standard of living? How does the Government’s jobs report affect the value of the U.S. dollar? What are lagging indicators? Prerequisite: ECON 001 . 1 credit. Spring 2015. Steinberg. http://www.swarthmore.edu/economics Economics
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