Analysis of the determinants of the aggregate level of employment, output, prices, and income of an economy. Policy issues and applications with special reference to current monetary and fiscal policy. Prerequisite: 2.0 in ECON 201; 2.0 in ECON 300. Offered: AWSpS.
Based on your understanding of basic principles of micro/macro economics, we will extend our analysis by learning theories and tools that are more complicated, but also capable of explain more realistic economic phenomena.
Student learning goals
Understand and be able to use intermediate macroeconomic terminology.
Understand how the macroeconomic variables evolve and affect each other.
Learn to read and correctly interpret the empirical information in macroeconomic data, graphical displays, and tables.
Apply macroeconomic principles to analyze economic phenomena and evaluate economic policies.
General method of instruction
PPT Presentation, lecture notes, and practice problem sets.
Class assignments and grading
Grades in this class will be a composite of the two exam scores and the highest two of three quiz scores. Each exam accounts for 35% and each quiz accounts for 15% of the total score.