Weng Chi Lei
Analysis of the aggregate economy: national income, inflation, business fluctuations, unemployment, monetary system, federal budget, international trade and finance. Prerequisite: ECON 200; recommended: MATH 111. Offered: AWSpS.
This is an introductory course in principles of macroeconomics. Macroeconomics deals with structure, performance and behavior of the entire economy. Major macroeconomic topics covered in this course include national income, savings and investment, inflation, unemployment, economic growth, money, banking system and the Federal Reserves, economic policies, international trade and exchange rates.
Student learning goals
understand and be able to use macroeconomic terminology
understand the basics of how the economy works in the aggregate level
learn how the macroeconomic variables are related
apply macroeconomic principles to analyze and explain economic events and social phenomena
critically evaluate economic content of articles and publications
General method of instruction
Prerequisite: ECON 200; recommended: MATH 111.
Class assignments and grading
10 % for Homework Project, 20% for 5 Quizzes (with the lowest score dropped), 35% for Midterm Exam and 35% for Final Exam