An introduction to principles underlying the operation of modern industrial countries. Special attention is given to the determinants of income and employment. UCM General Education Competency: This course fulfills Knowledge Competency #8 and reinforces Foundational Skills Competency #3 in the Social & Behavioral Sciences area of the UCM General Education Program. This course is equivalent to MOTR ECON 101 Introduction to Macroeconomics in the Social & Behavioral Sciences Knowledge Area.