A development of alternative theories concerning the determination of output, prices, and employment, the hypotheses upon which these theories are founded, and their implications for policy programs. Must be taken on letter grade basis by Economics majors. It is recommended that this course be taken prior to the second semester of the junior year. Prerequisite: ECON*100, ECON*101, and MATH*157 or MATH*160. Distribution Requirements: QR, SB.