This course has an assignment that is due by 11:55 pm Central Standard Time on Wednesday night of the first week of class. Failure to complete this assignment will result in your removal from the course for non-participation.

Textbook: Mankiw, N. Gregory. Macroeconomics. 10th edition. New York: Worth Publishers, 2019.

Online Courseware: SaplingPlus Learning access (includes an ebook copy of the textbook)

All you need for the course is the SaplingPlus Online Courseware which includes an ecopy of the textbook. The Online Courseware for this class is required. You will not be able to pass the course unless you purchase access.

There are two purchasing options - 1. Online Courseware access only; 2. Online Courseware and a loose-leaf copy of the textbook.

• Option 1: SaplingPlus Online Courseware access with an ebook = ISBN 9781319106072
• Option 2: SaplingPlus Online Courseware with a loose-leaf copy of textbook = ISBN 9781319258900

There is a free two week trial for the online courseware. This enables you to have access the first day of the course.

The information needed to sign up for immediate access to Sapling Learning is provided under handouts (on the Resources and Materials page of the course after the course opens.)

The following is recommended:  A subscription to The Wall Street Journal.

This course builds on the material covered in EC201.  After reviewing basic macroeconomic concepts, it looks at different models of how the aggregate economy functions in both the short-run and long-run (including Keynesian, monetarist, supply-side, and real business cycle models).  It also looks at the use of monetary and fiscal policies to stabilize the economy.  Prerequisites: EC201 and EC202.

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

1. understand the long-run behavior of the economy in terms of the forces that determine the level of real output at any point in time and its rate of growth over time;
2. be familiar with the nature of the business cycle in the American economy and aware of the different theories concerning the determination of equilibrium output in the short-run;
3. be aware of the implications of these different theories for the conduct of macroeconomic policy;
4. have improved their research and writing skills.