Course Summary
Credit Type:
ACE Course Number:
14 weeks (75 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Macroeconomics


The course objective is to teach the principles of macroeconomics. Macroeconomics analyzes the performance of the national economy and its links to the global economy. This course is designed to examine many aspects of the economy from an aggregate perspective. Basic tools of economists are described, and an overview of the interrelated components of the United States' economy is included.

Learning Outcomes:

  • identify and apply relevant terminology and concepts to economic issues and problems
  • compare and contrast the market system of economics with other systems;
  • analyze and synthesize the public and private sectors of the US economy
  • explain and synthesize the components of the national income and product accounts
  • describe macroeconomic goals and problems
  • analyze and synthesize short-run and long-run models of macroeconomic activity
  • analyze government macroeconomic policy tools, and explain how they are used to stabilize the macro-economy
  • compare and contrast various macroeconomic theories
  • analyze and synthesize international economic activity, and use the results to predict the impact on US macroeconomic activity

General Course Topics:

  • Limits, alternatives, and choices
  • The market system and circular flow
  • Demand, supply, and market equilibrium
  • The US economy: private and public sectors
  • The United States in the global economy
  • Measuring economic outcomes
  • Introduction to economic growth and instability
  • Basic macroeconomic relationships
  • The aggregate expenditures model
  • Aggregate demand and aggregate supply
  • Fiscal policy, deficits, and debt
  • Money and banking
  • Money creation
  • Interest rates and monetary policy
  • Extended analysis of aggregate supply
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

Supplemental Materials

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