ECON 103 - Principles of Macroeconomics

(3 units) CO6

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; Corequisite(s): MATH 124 or MATH 126, MATH 126E, MATH 126EE or higher.

Grading Basis: Graded
Units of Lecture: 3
Offered: Every Fall, Spring, and Summer

Student Learning Outcomes
Upon completion of this course, students will be able to:
1. use data, and various quantitative techniques for presenting and analyzing data, students will demonstrate the ability to describe observed macroeconomic phenomena.
2. use supply and demand modeling and other theoretical tools to provide explanations (i.e. provide theories) for the observed changes in macroeconomic data.
3. demonstrate the ability to critically analyze the macroeconomic policies government might use to stabilize the economy or promote economic growth.

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