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Prior to enrolling in courses at this language level, students must have completed or tested out of a minimum of four semesters (or six quarters) of college-level Spanish at their home university in the U.S.

General Objective:
To introduce the student to the general aspects of macroeconomics and the problems that this field presents, specifying the concepts and instruments of analysis that are used for the study of the behavior of the main macroeconomic aggregates, referring to the tendencies and perspectives of the present state of the Mexican economy.
Syllabus:

Macroeconomics: Its position within economic policy. Objective of study. Deficiencies in the microeconomic focus. Problems. Marxist interpretation of macroeconomics.
Macroeconomic studies. Global supply and demand. Employment rate. Unemployment and underemployment in Mexico. Price level. Indices. Methods of computation. Their behavior in Mexico.
Money, credit and banking. Functions. Impact on pricing and the economy. Characteristics of monetary systems. Institutions that generate methods of payment. Types of control for circulating currency. The structure of the Mexican banking system.
Integral elements and functions that play a role in the economic system of the major macroeconomic aggregates. Consumption. Tendencies. Saving. Objective and subjective factors. Liquidity. Private investment versus public investment.
Relationships between employment theory, consumption, investment, profit. Investment and profit. The multiplier effect. The multiplier and external commerce. Determining profit and employment theory.
Economic cycles. Fluctuations. Types of fluctuation. Definition of the Mitchell economic cycle. Cycle phases. Classification of the cycles. Anti-cyclical policies. Keynes. Anti-cyclical policies being applied today. The economic cycles of Mexico.
Inflation. Schematic analysis of inflation theories. Analysis of the diverse classes of inflation. Manifestations and internal/external effects. Characteristics of inflation in Mexico and anti-inflationary policies that are used.
Economic development. The classifications of countries. Policies of economic development: principal characteristics. Economic policy in Mexico today.
International economics: Aspects and characteristics. Problems facing international economics. Mexico's international economic relations.