Principles of Macroeconomics (Eco 212)

Learning Objectives: Principles of Macroeconomics (Eco 212)

Learning Objectives

  1. Course-specific knowledge.
    1. Measurement of Economic Performance. Students will learn the various economic indicators (GDP, inflation, etc.) that are mentioned everyday in the press and used daily by people everywhere. Students will learn to calculate these measures as well as their strengths and weaknesses.
    2. Improving Economic Performance: Long Run. Students will learn about long-run differences in economic performance across countries including growth, inflation, and unemployment.
    3. Improving Economic Performance: Short Run. Students will learn about business cycles and how government institutions such as the Federal Reserve respond to business cycles.
  2. Skill enhancement.
    1. Graph Skills. Students will improve their skills at reading and working with graphs.
    2. Problem Solving Skills. Problem solving is emphasized, by giving students a set of government policies and asking them to predict the effects on the economy or the reverse.
    3. Study/Workplace Skills. The course is an introductory course for sophmores, many of whom still have underdeveloped study habits. Therefore, an objective is to teach students basic study skills, including attending class, taking notes, and completing assigments on time.