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Apr 18, 2024
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ECON 103 - Principles of Macroeconomics (3 units)
Introductory analysis of how markets and governments interact to determine an economy’s output, employment, income, interest rate, wage, price, and trade balance levels over time.
Prerequisite(s): ECON 102 ; Completion of the Core Math Requirement or ACT of 22 or SAT of 500 or corequisite. Corequisite(s): MATH 126 or MATH 127 or MATH 128 or MATH 176 or MATH 181 .
Units of Lecture: 3
Core Social Sci Requirement
Offered Every Fall, Spring, and Summer
Student Learning Outcomes (if available):
Upon completion of this course:
1. Students will be able to use data, and various quantitative techniques for presenting and analyzing data, students will demonstrate the ability to describe observed macroeconomic phenomena.
2. Students will be able to use supply and demand modeling and other theoretical tools to provide explanations (i.e. provide theories) for the observed changes in macroeconomic data.
3. Students will be able to demonstrate the ability to critically analyze the macroeconomic policies government might use to stabilize the economy or promote economic growth.
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