Econ 120 01 Intro to Macroeconomics - Devine x

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Oct 28, 2013 (3 years and 9 months ago)

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Summer

2011

COURSE TITLE:
Introductory Macroeconomics

COURSE NUMBER:
Economics 120

INSTRUCTOR:

Dr. James Devine
, 4227 U
-
Hall, phone: 8
-
2948,
jdevine@lmu.edu
.

COURSE DESCRIPTION
/PRINCIPAL TOPICS COVERED:

Introduction/review of basic economics.
Analysis of the behavior of the national economy as a whole,
together with such issues as the determination of gross domestic product, the unemployment rate, the
inflation rate, interest rates, and the long
-
term econ
omic growth rate.

In addition, global issues such as
the role of the exchange rate and the balance
s

of trade

and payments

will be
discussed
.

STUDENT LEARNING OUTCOMES:

At the end of this course, students should demonstrate a solid understanding of modern m
acroeconomics
at the introductory level. They should be able to think analytically using both verbal and quantitative tools
applied in this course to solve both theoretical as well as practical (real
-
world) problems. They should
appreciate the importance o
f economics in human endeavors and the value of rigorous economic training
for evaluating social phenomena.

PREREQUISITES/RECOMMENDED BACKGROUND:

None, except reading, writing, and
'rithmetic.


REQUIRED TEXTS/REFERENCES:

Krugman & Wells
,
Macroeconomics
,
newest

ed
ition.

plus: photocopied readings on library reserve and class hand
-
outs.


COURSE WORK/EXPECTATIONS:


Lectures, discussions, homework. Three exams.

COMMENTS:
This course is required for the economics major and for business majors.