Course

Credit Type:
Course
ACE ID:
FNDR-0010
Version:
1
Organization:
Founders Institute LLC
Location:
Online
Length:
14 weeks (9 hours per week)
Minimum Passing Score:
70
ACE Credit Recommendation Period:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Principles of Macroeconomics
Description

Objective:

The course objective is to help students explore, interpret, analyze, and model essential macroeconomic concepts and processes. Topics range from understanding the dynamics of supply and demand for everyday goods to examining the labor market and the factors influencing wage determination. The course also delves into key figures in economics. This course serves as an introduction to the fundamental principles of macroeconomics. It covers the functions of economic systems, different methods of organizing production and allocating resources, and strategies for achieving national economic objectives. Specific topics include national income determination, inflation, recession, output fluctuations, the business cycle, employment trends, unemployment, and interest rates. Additionally, students engage with discussions on monetary and fiscal policies, as well as international economic issues. The content is presented in a balanced manner, using conversational language and numerous illustrations. Both fictional scenarios and real-world applications are used to provide a balanced understanding of various macroeconomic concepts.

Learning Outcomes:

  • Analyze fundamental macroeconomic concepts including Gross Domestic Product (GDP), supply and demand, inflation, unemployment, and the role of international trade and capital flows
  • Compare and evaluate major economic theories, including Keynesian and Neoclassical approaches, and assess their implications for policy and economic performance
  • Explain the structure and functions of the banking system, including the impact of bank regulation and monetary policy on the broader economy
  • Interpret macroeconomic issues using critical thinking and evidence-based analysis, applying key concepts to real-world contexts
  • Develop coherent, well-supported written arguments using scholarly sources and proper APA citation
  • Engage in informed, respectful discussions by integrating course materials and diverse perspectives on macroeconomic topics
  • Create a clear, effective multimedia presentation that demonstrates understanding of key macroeconomic principles using appropriate visuals and content

General Topics:

  • Supply and Demand
  • Gross Domestic Product
  • Inflation
  • Unemployment
  • The Keynesian Theory
  • The Neoclassical Theory
  • Banking and Bank Regulation
  • International Trade and Capital Flows
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Discussion
  • Project-based Instruction

Methods of Assessment:

  • Examinations
  • Presentations
  • Quizzes
  • Written Papers
Supplemental Materials
Equivalencies

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