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Economics: Principles of Macroeconomics

EC 011 OL2 (CRN: 60054)

3 Credit Hours

About EC 011 OL2

Introduction to economic concepts, institutions, and analysis, particularly as related to the economy as a whole. May be taught with traditional approach or with strong mathematical emphasis.

Notes

Dates: July 1 - August 9, 2019

Section Description

This course is an introduction to macroeconomics. This course will introduce students to the functioning of the economy, with special focus on the topics of economic growth, unemployment, inflation, the business cycle, the banking system, monetary policy and fiscal policy. We will cover basic concepts such as gross domestic product, institutions such as the Federal Reserve System and different approaches to macroeconomic policy. A goal is also for students to understand some of the current ideas among economists about the causes of the financial crisis in 2008, the policy responses to it, and the current state of the economy.

Section Expectation

Students should expect to spend at least two hours per day on classwork. Course materials include videos posted on Blackboard, a textbook, and online homework materials. There are also discussion board assignments in which students provide critical analysis of an economic issue based upon assigned readings.

Evaluation

Your grade will depend on five homework assignments (5% each), three discussion board assignments (5% each), one midterm exam (25% each) and a final exam (35%). The final exam is cumulative, but questions will be disproportionately from topics covered after the second midterm exam.

Meetings

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Location

Online Course (View Campus Map)