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Intermediate Macroeconomics
INTER MACROECO
CLASS CODE: ECON 381 CREDITS:  3
DIVISION: BUSINESS & COMMUNICATION
DEPARTMENT: ECONOMICS
GENERAL EDUCATION: This course does not fulfill a General Education requirement.

DESCRIPTION: This is an intermediate course in macroeconomics. The course analyzes basic models of income determination which attempt to explain how the price level, the interest rate, and the level of output and employment are determined. Monetary and fiscal policies are discussed within the framework of these models, and competing theories are compared. Special attention is given to real-world issues, and applications.
TAUGHT: Fall 2004, Summer 2005, Winter 2006
CONTENT AND TOPICS:

  • Economic indicators

  • Unemployment, inflation, and growth rates

  • Causes of unemployment and inflation

  • Business cycles and common policy implications

  • Income determination

  • Monetary and fiscal policy tools

  • Economic growth factors

  • Stock and bond market linkages

GOALS AND OBJECTIVES:

  1. Secure an understanding of the underpinnings of the macro-economy.

  2. Develop a fluency in the macro-economic vocabulary.

  3. Gain a competent understanding of the concepts of inflation, unemployment, and economic growth.

  4. Understand economic indicators, raw data, and how indicators influence bond and stock market activity.

  5. Secure an understanding of basic macro-economic institutions and policy tools.

  6. Develop the ability to use the Wall Street Journal and other publications to research and analyze economic activity.

REQUIREMENTS: Class Project, homework, and exams.
PREREQUISITES: Economics 111,112, Math 119
OTHER:
EFFECTIVE DATE: January 2004