ECON 442. Advanced Macroeconomic Analysis3 hours credit – A study of Advanced economic issues as they relate to the economy as a whole. Topics include gross national product, national income, consumption, investment, inflation, and economic growth. Students will examine the issues in the context of current domestic and global economic policies.
LEARNING OUTCOMES
The main learning outcome of the course is that students will understand the basic tools of microeconomic theory. Specifically, the student should have:
- An understanding of the core principles of macroeconomics and the application of these principles to explaining aggregate economic outcomes and human behavior in everyday situations.
- An understanding of the economic way of thinking and the ability to apply the economic way of thinking to everyday decisions..
- An understanding of the methodology of economics and its limitations.
- An understanding of what makes economies grow over time and how this leads to increases in the standard of living for individuals
- An understanding of the role of diversity in macroeconomics as well as the differences in the impact of policies and outcomes based on genders, races and socioeconomic status.