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Course Description

Economics - 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.

Prerequisites

(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

 CourseSectionCourse TitleModeCredit HoursInstructorsFeeSeats Available ⁄Capacity ⁄WaitlistStatusDays-Time-Room

Fall; 2017; ECONOMICS; No of Weeks : 7; Begins : 8/28/2017

 201147805Prin MacroeconomicsHybrid4Badry P$12.004/30/0OpenM W  12:30 PM-02:54 PM LA405

Fall; 2017; ECONOMICS; No of Weeks : 12; Begins : 9/19/2017

 201141206Prin Macroeconomics 4Badry P$12.002/30/0OpenM W  09:00 AM-11:26 AM PE100
 201142909Prin MacroeconomicsOnline4Jawad B$12.008/31/0Open 
 201142948Prin MacroeconomicsOnline4Jawad B$12.004/31/0Open 
 201142953Prin MacroeconomicsOnline4Hunt D$12.002/31/0Open 
 201142972Prin MacroeconomicsOnline4Hunt D$12.004/31/0Open 

Fall; 2017; ECONOMICS; No of Weeks : 15; Begins : 8/28/2017

 201141201Prin Macroeconomics 4Galperin F$12.006/30/0OpenM W  08:00 AM-09:54 AM AS820
 201141202Prin Macroeconomics 4Galperin F$12.007/24/0OpenT R  10:30 AM-12:24 PM LA130
 201141203Prin Macroeconomics 4Galperin F$12.003/30/0OpenM W  10:00 AM-11:54 AM AS820
 201141204Prin Macroeconomics 4Galperin F$12.003/24/0OpenM W  01:00 PM-02:54 PM LA130
 201141285Prin Macroeconomics 4Galperin F$12.005/24/0OpenM W  06:00 PM-07:54 PM LA130
 201142908Prin MacroeconomicsOnline4Jawad B$12.006/31/0Open 
 201142931Prin MacroeconomicsOnline4Howie C$12.004/31/0Open 
 201142934Prin MacroeconomicsOnline4Howie C$12.004/31/0Open 
 201246174Prin Macroeconomics 4Galperin F$12.0015/31/0OpenT R  05:00 PM-06:54 PM RC430

Winter; 2018; ECONOMICS; No of Weeks : 12; Begins : 1/29/2018

 201111201Prin Macroeconomics 4Hale K$12.0023/30/0OpenM W  08:45 AM-11:11 AM PE100
 201112752Prin MacroeconomicsOnline4Jawad B$12.0024/31/0Open 
 201112964Prin MacroeconomicsOnline4Jawad B$12.0031/31/0Open 
 201112978Prin MacroeconomicsOnline4Hunt D$12.0025/31/0Open 

Winter; 2018; ECONOMICS; No of Weeks : 15; Begins : 1/8/2018

 201111203Prin Macroeconomics 4Heini D$12.000/30/4ClosedM W  08:00 AM-09:54 AM AS830
 201111204Prin Macroeconomics 4Badry P$12.000/30/0ClosedT R  10:00 AM-11:54 AM AS920
 201111205Prin Macroeconomics 4Badry P$12.006/31/0OpenT R  01:00 PM-02:54 PM BTC200
 201111206Prin Macroeconomics 4Hale K$12.0010/28/0OpenM W  01:00 PM-02:54 PM LA475
 201111207Prin Macroeconomics 4Heini D$12.000/30/10ClosedM W  01:30 PM-03:24 PM AS920
 201111251Prin Macroeconomics 4Hale K$12.0022/30/0OpenM W  06:00 PM-07:54 PM AS920
 201112908Prin MacroeconomicsOnline4Howie C$12.000/31/0Closed 
 201112931Prin MacroeconomicsOnline4Howie C$12.000/31/0Closed 
 201112934Prin MacroeconomicsOnline4Jawad B$12.0024/31/0Open 
 201216133Prin Macroeconomics 4Howie C$12.0023/31/0OpenT R  12:00 PM-01:54 PM RC670