Macroeconomics

Course Description

Advanced theory of aggregate economic activity. Economic models developed to explain economic growth, activity, and fluctuations based on classical, Keynesian, monetarist, and new classical schools of thought.

Syllabus

Student Learning Outcomes, Goals, Objectives:

Students successfully completing this course will be able to:

  1. Identify the key determinants of long-run per capita income and economic growth.
  2. Explain the theoretical foundations and empirical implications of modern growth models.
  3. Describe the main features of modern business cycles.
  4. Apply short-run macroeconomic models to analyze fluctuations in economic activity.
  5. Assess how individual behavior and expectations influence the effectiveness of macroeconomic policy.
  6. Understand how macroeconomic data is collected, compiled, and interpreted.
  7. Identify the major agencies responsible for producing macroeconomic data.

Course Grading Information:

Activity/Performance Measure Percentage/Points
Problem sets 30%
Discussion assignments 20%
Unit exams 25%
Unit projects 25%

Attendance/Participation:

Attendance/participation is not a graded component included in the student's final grade for this course.

Course Materials Purchased by the Students:

Macroeconomics (6th Edition) by Charles I. Jones, 2025, W. W. Norton. Available in print (ISBN: 978-1-324-06361-2) and e-book (ISBN: 978-1-324-06368-1) format.

Scholarly Perspectives

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