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Introduction to Macroeconomics (201-0-40)

Instructors

Richard E H Walker

Meeting Info

Harris Hall 107: Mon, Wed, Fri 9:00AM - 9:50AM

Overview of class

This is an introductory course in economics with an emphasis on macroeconomics. The first, more 'microeconomic' third of the course will cover general topics such as scarcity, choice, how the market system works and the effects of government intervention. This will take us up to the first midterm. We'll then turn to long-run macroeconomics and consider such things as economic growth and unemployment. This should take us through to the second midterm. We'll then look at money and inflation. We'll finish with short-run macroeconomics, with a focus on the role of monetary and fiscal policy in stabilizing the business cycle. En route, time permitting, we will consider such contemporary issues as the role of economic policy in addressing environmental concerns and the recent financial crises.

Registration Requirements

Two years of high school mathematics. Basic algebra and graphing.

Learning Objectives

Students will be expected to understand some of the basic tools and models that economists use.

Teaching Method

Three lectures and one discussion section per week.

Evaluation Method

Problem sets, two midterms and a final exam

Class Materials (Suggested)

Modern Principles: Macroeconomics by Cowen and Tabarrok (2nd edition), ISBN: 978-1429239981. [Later editions are fine, but it should be easy to pick up a cheaper used copy of the 2nd edition.]

Class Attributes

Social & Behavioral Sciences Distro Area
SDG Reduced Inequality
SDG Decent Work & Economic Growth

Associated Classes

DIS - Technological Institute M128: Tues 5:00PM - 5:50PM

DIS - Technological Institute L221: Thurs 5:00PM - 5:50PM

DIS - Technological Institute LG66: Tues 6:00PM - 6:50PM

DIS - Lunt Hall 107: Thurs 6:00PM - 6:50PM

DIS - Technological Institute M128: Tues 5:00PM - 5:50PM

DIS - Technological Institute L221: Thurs 5:00PM - 5:50PM