About ECON 1400 A

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.


Open to Degree and PACE students

Section Description

This course is an introduction to a field of economics called Macroeconomics, which looks at the behavior of the economy as a whole. Macroeconomics directly or indirectly deals with real life questions such as: Does globalization cause unemployment and inequality? Are there limits to economic growth? What is the rate of unemployment telling me about my chances to get a job after college? What are policy makers doing when there is an economic recession and does this work? Why are the Federal Reserve interest rates so important for the economy? Macroeconomics offers a rigorous way to understand and address those questions. It relies on the study of facts, data, and theories, which are covered in this course at an introductory level. The course is organized around five modules: • In Module 1, we study basic economic concepts and tools that apply to macroeconomics, • In Module 2, we focus on understanding international trade, • In Module 3, we learn how to measure the main indicators of macroeconomic activity, • In Module 4, we focus on the financial system and money, • In Module 5, we study economic fluctuations and government policies fighting expansions and recessions.

Section Expectation

After this course, • Recall important macroeconomic data, trends, and events, • Describe and discuss macroeconomic issues, • Apply formulas to calculate macroeconomic indicators and interpret them • Analyze the macroeconomy and government policies using diagrams REQUIRED TEXTBOOK Textbook: Macroeconomics by Paul Krugman and Robin Wells, latest edition.


ASSESSMENTS Homework: 40% of the semester score. Tests: 60% of the semester score. There are three non-cumulative tests, each worth 20%. MEETING DEADLINES, EXAM DATES, GRADE APPEALS, AND CLASSROOM CODE OF CONDUCT Homework due dates and exams dates are announced in advance in the schedule. Homework assignments needs to be turned in on time for full credit. Late homework turned in 24 hours late is marked 50% off. After this, homework solutions are posted and homework cannot be turned in anymore. Tests are all assigned through Blackboard. Tests can be rescheduled in rare exceptions, including planned athletic or religious event provided within the deadlines specified by the university, ACCESS accommodation, or Student’s Dean’s Office excuses (which covers illness). There are no additional assignments or tests beyond those provided for everyone during the semester within the deadlines specified in the study plan. If you would like to contest a grade, please follow the procedures outlined in this policy: https://www.uvm.edu/policies/student/gradeappeals.pdf Standard grade scale: >=97%: A+ >=87%: B+ >=77%: C+ >=67%: D+ >=93%: A >=83%: B >=73%: C >=63%: D >=90%: A- >=80%: B- >=70%: C- >=60%: D- < 60%: F

Important Dates

Note: These dates may change before registration begins.

Note: These dates may not be accurate for select courses during the Summer Session.

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ECON 1400 A is closed to new enrollment.

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