Time Schedule:
Judith M. Ruha
B ECON 301
Seattle Campus
Analysis of economy with attention to the business cycle, output of goods and services (GNP), inflation, unemployment, and government's fiscal and monetary policies. How the economy affects individuals and firms and how to deal effectively with the economic environment. Prerequisite: ECON 201; may not be repeated.
Class description
Students will further develop the tools of macroeconomic analysis that were introduced in their introductory macro course. Topics covered include measurement of aggregate output and income, the IS-LM model, the aggregate supply and demand model, monetary and fiscal policies, open economy macro, long-run growth, and economic policy.
Student learning goals
General method of instruction
Lecture, discussion, in-class small group activities
Recommended preparation
Thorough knowledge of basic macroeconomics. Students should also be comfortable with algebra and taking simple derivatives.
Class assignments and grading
Problem sets, quizzes (both announced and unannounced)
Class participation, problem sets, quizzes, one midterm, and a final exam
