ECON 201

Principles of Macroeconomics (4-0) 4 Cr. Hrs.

Course Description

Macroeconomics refers to that portion of economic analysis which is concerned with behavior of economy-wide issues, e.g., inflation, unemployment, etc. By means of theoretical reasoning and empirical research, economists have identified a number of relationships or principles which are useful in explaining and predicting macroeconomics, their application to an understanding of current economic problems and their implication for economic policy. The intent of the course is to provide the student with a basic level of economic literacy essential for a well-informed citizenship in the years ahead. In economics, perhaps more than any other comparable discipline, things are not always what they appear to be. Indeed, many economic problems both past and present have resulted from the misunderstanding of fundamental economic relationships.


(A requirement that must be completed before taking this course.)

Course Competencies

Upon successful completion of the course, the student should be able to:

  • Explain key economic terms as they relate to macroeconomics.
  • Graph relationships between two variables.
  • Interpret the graphs used in economic models.
  • Solve a variety of economic problems using mathematical methods.
  • Summarize economics and its relationship to the other social sciences.
  • Differentiate between various types of economic systems.
  • Apply the concepts of aggregate demand and aggregate supply to macroeconomic models.
  • Explore National Income Accounting.
  • Explore the development and role of money in an economic system.
  • Explore the role of the Federal Reserve System and the process by which it controls the money supply and interest rates.
  • Differentiate between Classical and Keynesian Economics Theories.
  • Summarize the Keynesian criticism of Classical Theory.
  • Predict the effects of monetary policy on an economic system.
  • Predict the effects of fiscal policy on an economic system.
  • Differentiate between demand side economics and supply side economics.
  • Predict the effects of international trade on an economic system.

Course Schedule

        No of Weeks   Begins   
 CourseSectionCourse TitleModeCredit HoursInstructorsFeeSeats Available ⁄Capacity ⁄WaitlistStatusDays-Time-Room

Fall; 2017; ECONOMICS; No of Weeks : 7; Begins : 08/28/2017

 201147805Principles of Macroeconomics Hybrid4Badry P$12.0020/30/0Open
M W 12:30PM-02:54PMLA405

Fall; 2017; ECONOMICS; No of Weeks : 12; Begins : 09/19/2017

 201141206Principles of Macroeconomics 4Badry P$12.001/30/0Open
M W 09:00AM-11:26AMPE100
 201142909Principles of Macroeconomics Online4Jawad B$12.0029/31/0Open
 201142948Principles of Macroeconomics Online4Jawad B$12.0031/31/0Open
 201142953Principles of Macroeconomics Online4Hunt D$12.0028/31/0Open
 201142972Principles of Macroeconomics Online4Hunt D$12.0030/31/0Open

Fall; 2017; ECONOMICS; No of Weeks : 15; Begins : 08/28/2017

 201141201Principles of Macroeconomics 4Galperin F$12.0020/30/0Open
M W 08:00AM-09:54AMAS820
 201141202Principles of Macroeconomics 4Galperin F$12.0016/24/0Open
T R 10:30AM-12:24PMLA130
 201141203Principles of Macroeconomics 4Galperin F$12.0019/30/0Open
M W 10:00AM-11:54AMAS820
 201141204Principles of Macroeconomics 4Galperin F$12.0018/24/0Open
M W 01:00PM-02:54PMLA130
 201141285Principles of Macroeconomics 4Galperin F$12.0022/24/0Open
M W 06:00PM-07:54PMLA130
 201142908Principles of Macroeconomics Online4Jawad B$12.0022/31/0Open
 201142931Principles of Macroeconomics Online4Howie C$12.000/31/0Closed
 201142934Principles of Macroeconomics Online4Howie C$12.0010/31/0Open
 201246174Principles of Macroeconomics 4Galperin F$12.0030/31/0Open
T R 05:00PM-06:54PMRC430

Spring; 2017; ECONOMICS; No of Weeks : 7; Begins : 05/08/2017

 201121200Principles of Macroeconomics 4Galperin F$12.0022/30/0Open
M T W R 01:00PM-03:07PMAS920
 201121250Principles of Macroeconomics 4Badry P$12.002/30/0Open
M W 05:30PM-09:43PMAS830
 201122752Principles of Macroeconomics Online4Jawad B$12.006/31/0Open
 201122931Principles of Macroeconomics Online4Jawad B$12.004/31/0Open
 201122978Principles of Macroeconomics Online4Hunt D$12.002/31/0Open
 201127801Principles of Macroeconomics Hybrid4Badry P$12.001/31/0Open
M W 02:00PM-04:24PMBTC170

Summer; 2017; ECONOMICS; No of Weeks : 7; Begins : 07/03/2017

 201131200Principles of Macroeconomics 4Galperin F$12.0020/30/0Open
M T W R 01:00PM-03:07PMAS720
 201132752Principles of Macroeconomics Online4Jawad B$12.0012/31/0Open
 201132931Principles of Macroeconomics Online4Jawad B$12.007/31/0Open

Note: This schedule updates once every 24 hours. Please reference WebAdvisor for current status.

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