ECON 215 - Principles of Macroeconomics3 Credit (3 lecture, 0 lab) 3 Contact Hours [Reading Level 3 and Math Level 3 ]
This course provides an introduction to the basic tools and concepts of macroeconomic analysis. The course materials focus on the measurement of the national economy, gross domestic product, inflation and unemployment, and the principles for controlling the economy through fiscal, and monetary policy.
OFFERED: fall and spring semesters
Course Goals; Objectives; Competencies
Goal 1: Students will master Introductory concepts of the field of Economics.
- Students will be able to employ supply and demand to model basic economic interactions.
- Students will be able to employ Opportunity Cost and Marginal Analysis to analyze basic economic decisions.
Goal 2: Students will master basic Macroeconomic Analysis.
- Students will be able to differentiate Keynesian, Classical/Neoclassical, Supply Side, and Monetarist schools of economics.
- Students will be able to convey the role of fiscal policy in controlling national economy.
- Students will be able to convey the role of the Federal Reserve System in controlling the national economy.
- Students will be able to model at a basic level, fundamental macro-economic problems and likely solutions in accordance with different schools of economic thought.
Add to Portfolio (opens a new window)
|