Intermediate Macroeconomic Theory

Course Description

Intermediate level analysis of national income and employment with attention to fiscal and monetary policy, theories of business fluctuations, and economic growth. Prerequisite: ECO 202

Syllabus

Student Learning Outcomes, Goals, Objectives:

Economics 302 is an intermediate-level undergraduate course in macroeconomics. The course examines the long-run performance of economies, short-run fluctuations, and the role of macroeconomic policy. We address questions such as: What drives economic growth in the long run? Why are some countries richer and more productive than others? What causes recessions and recoveries—seen in fluctuations in output, jobs, and inflation? How can government policies stabilize the economy against these short-term fluctuations? The objective is not simply to list results for memorization, but to build the ability to analyze current macroeconomic events and understand their impact on the economy.

Course Grading Information:

Activity/Performance Measure

Percentage/Points

Problem sets

35%

Midterm 1

15%

Midterm 2

15%

Packback

10%

Participation

5%

Grading Scale

Percentage

Letter Grade

93% or higher

A

90 – 92.9%

A-

86 – 89.9%

B+

83 – 85.9%

B

80 – 82.9%

B-

76 – 79.9%

C+

73 – 75.9%

C

70 – 72.9%

C-

66 – 69.9%

D+

63 – 65.9%

D

60 – 62.9%

D-

< 60%

F

Attendance/Participation:

Participation - 5%

Course Materials Purchased by the Students:

  • Textbook. Revel for Intermediate Macroeconomics (1st Edition), by Nicolas Vincent and Pierre Yared, published by Pearson Education. Note that this is a fully digital, interactive learning platform rather than a traditional textbook.

  • Packback. Packback is an AI-powered learning platform that promotes inquiry-based discussion. It will be used for assignments throughout the semester.

Scholarly Perspectives

This course engages diverse scholarly perspectives to develop critical thinking, analysis, and debate and inclusion of a reading does not imply endorsement.