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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.)

  • MATH 47 or a minimum score of 19 ACT-Math, 25 SAT-Math, 75 CPT-Arithmetic, 28 CPT-Elementary Algebra, 260 NGA-Arithmetic or 230 NGA-Quantitative Reasoning, Algebra and Statistics.

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 HoursInstructorsSeats Available ⁄Capacity ⁄WaitlistStatusFeeDays-Time-Room

Fall; 2019; ECONOMICS; No of Weeks : 7; Begins : 08/27/2019

 201141205Prin Macroeconomics 4Winston G1/30/0Open$12.00M W  12:30 PM-02:54 PM LA405
F  12:30 PM-04:02 PM LA405

Fall; 2019; ECONOMICS; No of Weeks : 12; Begins : 09/17/2019

 201142909Prin MacroeconomicsOnline4Jawad B7/31/0Open$12.00 
 201142948Prin MacroeconomicsOnline4Jawad B8/31/0Open$12.00 
 201142953Prin MacroeconomicsOnline4Jawad B14/31/0Open$12.00 
 201142972Prin MacroeconomicsOnline4Hunt D6/31/0Open$12.00 

Fall; 2019; ECONOMICS; No of Weeks : 15; Begins : 08/27/2019

 201141201Prin Macroeconomics 4Hale K2/30/0Open$12.00M W  08:00 AM-09:54 AM AS820
 201141202Prin Macroeconomics 4Heini D0/24/0Closed$12.00T R  10:30 AM-12:24 PM LA130
 201141203Prin Macroeconomics 4Badry P6/30/0Open$12.00M W  10:00 AM-11:54 AM AS820
 201141204Prin Macroeconomics 4Badry P4/24/0Open$12.00M W  01:00 PM-02:54 PM LA130
 201141207Prin Macroeconomics 4Hale K4/28/0Open$12.00T R  03:00 PM-04:54 PM LA260
 201142908Prin MacroeconomicsOnline4Hunt D9/31/0Open$12.00 
 201142931Prin MacroeconomicsOnline4Howie C5/31/0Open$12.00 
 201142934Prin MacroeconomicsOnline4Howie C5/31/0Open$12.00 

Winter; 2020; ECONOMICS; No of Weeks : 12; Begins : 02/01/2020

 201111201Prin Macroeconomics 4Heini D0/30/2Closed$12.00T R  09:00 AM-11:26 AM AS374
 201111250Prin Macroeconomics 4Hale K21/28/0Open$12.00T R  06:00 PM-08:26 PM AS378
 201112752Prin MacroeconomicsOnline4Jawad B27/31/0Open$12.00 
 201112964Prin MacroeconomicsOnline4Jawad B28/31/0Open$12.00 
 201112978Prin MacroeconomicsOnline4Jawad B31/31/0Open$12.00 

Winter; 2020; ECONOMICS; No of Weeks : 15; Begins : 01/11/2020

 201111203Prin Macroeconomics 4Heini D0/30/2Closed$12.00M W  08:00 AM-09:54 AM AS830
 201111205Prin Macroeconomics 4Heini D0/31/4Closed$12.00T R  01:00 PM-02:54 PM BTC200
 201111206Prin Macroeconomics 4Hale K14/28/0Open$12.00M W  01:00 PM-02:54 PM LA475
 201111207Prin Macroeconomics 4Badry P22/30/0Open$12.00M W  04:00 PM-05:54 PM AS920
 201111251Prin Macroeconomics 4Badry P28/30/0Open$12.00M W  06:00 PM-07:54 PM LA400
 201112908Prin MacroeconomicsOnline4Howie C0/31/1Closed$12.00 
 201112931Prin MacroeconomicsOnline4Howie C18/31/0Open$12.00 
 201112934Prin MacroeconomicsOnline4Hunt D23/31/0Open$12.00 
 201216133Prin Macroeconomics 4Howie C25/31/0Open$12.00T R  12:00 PM-01:54 PM RC670

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