Another example is how when the price of gas goes up, people will drive less to buy less gas, as demand goes down as price increases. The law of demand is a principle in economics that states that ...
In addition, it examines monetary and fiscal policy, the Federal reserve, and select additional topics, such as an introduction to open-economy macroeconomics.
The current curriculum fails to equip our future policy leaders with the economic knowledge most relevant for their roles. For SPIA majors, Princeton’s introductory macroeconomics course is arguably ...