Economics 200 is a fundamental course in economic analysis. This course begins by introducing the basic concepts and tools in economics such as supply and demand, opportunity cost, and comparative advantage. We then explore the key elements in macroeconomics such as GDP, money supply, the banking system, prices and inflation, unemployment, exchange rates, and the Balance of Payments. We will learn analytical models of macroeconomic performance in the long run and the short-run, and the use of fiscal and monetary policy.