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EC201 Macroeconomics

EC201 Macroeconomics. 3 hours. Following an initial introduction to important general economic concepts, including demand and supply, the course examines the U.S. economy from a macro-economic perspective. It includes an analysis of (1) how unemployment, inflation, and Gross Domestic Product are measured, (2) different theories of why the economy goes through cyclical fluctuations (recessions and booms) in the short-run, (3) long-run economic growth, and (4) the use of monetary and fiscal policies to stabilize the economy. Prerequisite: MA103 (or ACT Math subscore > 20) OR MA101/102.

Textbook

You will need to access the Aplia web site for the course. Access includes an electronic version of the textbook for the course:

Mankiw, N. Gregory. Brief Principles of Macroeconomics, 7th ed. Mason, Ohio: South-Western Cengage Learning.
 
You may purchase a hard copy of the textbook from the Aplia web site if desired, or you may buy a new or used copy of the book from the campus bookstore.  Students using a book voucher may purchase Aplia access from MBS  using ISBN 13: 978-1-285-85455-7.  Students who are not using textbook vouchers may purchase Aplia access directly from Cengage Brain.  The instructor will post instructions for how to do this. However, access to Aplia is critically important, as the Aplia exercises account for a significant portion of the course grade.
 

How to access your Aplia course

EC201 - Macroeconomics

Instructor: David A Dyer
Start Date: 01/16/2018

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Principles of Macroeconomics / Edition 7

Course Objectives

1. To introduce students with the basic economic approach to analyzing the world, including the supply and demand model.

2. To familiarize students with the basic measures of macroeconomic performance, including Gross Domestic Product, the aggregate price level, the unemployment and inflation rates, labor productivity, and economic growth.

3. To help students understand the different models that have been developed for explaining the behavior of the American economy in both the long-run and in the short-run.

4. To analyze different public policies that have been proposed or adopted for influencing the behavior of the economy in both the short-run and the long-run.

5. To help students learn to think like economists.