Course

Course Summary
Credit Type:
Course
ACE Course Number:
OOSL-0007
Organization Course Number:
ECON101
Organization:
Location:
Classroom-based
Length:
14 weeks (75 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Principles Of Macroeconomics
Description

Objective:

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:

  • Upon completion of the course, the student will be able to identify and apply economic 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 U. S. economy
  • Explain and synthesize the components of the national income and product accounts
  • Describe the macroeconomics goals and problems
  • Analyze and synthesize short-run and long-run models of macroeconomics activity
  • Analyze government macroeconomics policy tools and explain how they are used to stabilize the macro economy
  • Compare and contrast various macroeconomics theories
  • And analyze and synthesize international economic activity and use the results to predict the impact on U.S. macroeconomics activity.

General Course Topics:

  • Limits, alternatives, and choices
  • The market system and circular flow
  • Demand, supply, and market equilibrium
  • The U.S. 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
  • Extending the analysis of aggregate supply
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Quizzes

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from StraighterLine

(OOSL-0009)
(OOSL-0010)
(OOSL-0063)
(OOSL-0041)