| In this course, students develop a model of the
macroeconomy, which permits them to analyze the
nature of the business cycle. The assumptions
built into the model can be altered, rendering it
capable of examining the macroeconomy from
various theoretical viewpoints. In addition to
unemployment, inflation and economic growth, the
course covers real business cycles, the
macroeconomic implications of free trade and
emphasizes the microeconomic foundations of
macroeconomics. Prerequisite: ECN 101 and 102. Economics majors need a
cumulative GPA of 2.00 in all foundation courses completed
to date. 3 credits. |