Intermediate Macroeconomics
General
Prefix
ECON
Course Number
405
Course Level
Undergraduate
Department/Unit(s)
College/School
Herberger Business School
Description
Functioning of the economy as a whole. Determinants and interrelation of the economy's aggregate production, inflation, unemployment, economic growth, business cycles, and monetary/fiscal policies.
Prerequisites
Credits
Min
3
Max
3
Repeatable
No
Goals and Diversity
MN Goal Course
No
Cultural Diversity
No
Learning Outcomes
Outcome
Define and Identify macroeconomic concepts such as national income, economic growth, aggregate demand and supply, recession, inflation, stagflation, national debt, fiscal policy, monetary policy, etc.
Outcome
Associate such concepts with the domestic and international economic/political environment.
Outcome
Propose economic solutions to macroeconomic problems.
Outcome
Objectively critique different macroeconomic approaches and schools of thought.
Outcome
Evaluate the external validity of macroeconomic models using facts and empirical data.
Dependencies
Courses
ECON405
is a
prerequisite
for:
Programs
ECON405
is a
completion requirement
for: