ECON 302
Fall 2008
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01
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This course develops a simple general-equilibrium framework for understanding the macroeconomy. The model includes treatments of consumption, investment, and wage- and price-setting behavior. Fiscal, monetary, and exchange-rate policy are all discussed and analyzed in detail. We discuss the interaction of these various patterns of individual behavior and government policies to produce the evolution of macroeconomic quantities such as output, unemployment, and inflation. An emphasis is placed on developing the ability to apply this framework to analyze the macroeconomic effects of a variety of events. Current events, both within the United States and abroad, are regularly discussed. We will discuss empirical testing of various parts of the theoretical framework. Upon completion of this course, students should be capable of an informed analysis of recent macroeconomic debates. They also should be prepared for upper-level electives on a variety of macroeconomic subjects. |
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Essential Capabilities:
Quantitative Reasoning
TBD
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| Credit: 1 |
Gen Ed Area Dept:
SBS ECON |
| Course Format: Lecture | Grading Mode: Student Option |
| Level: UGRD |
Prerequisites: ECON300 |
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Fulfills a Requirement for: (ECON-MN)(ECON) |
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Past Enrollment Probability: Not Available |
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