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ECON 302-02, Intermediate Macroeconomics,Spring 2007

Sturm, Peter
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Syllabus, Curriculum, Academic departments, Text, Academic departments, Text, Economics, Department of, 2007 Spring
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Abstract
This course is a general survey of the major theoretical tools and key policy issues concerning the field of MACRO- ECONOMCS, i.e. the aggregate operation of the economy and (macroeconomic) policy. Key questions raised in the course include: What is macroeconomics? (The subject matter of macroeconomics) What is the analytical tool kit macroeconomists apply? Why are people unemployed (even when the economy is booming)? Why are there recessions, and what causes them? Can the government do anything to combat recessions? Should it? What determines the price level, and why does the cost of living keep rising? What is the government budget deficit? How does it affect the economy? Is a trade deficit good or bad for the economy? Why are so many countries poor? What policies might help them grow out of poverty?
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This syllabus was submitted to the Rhodes College Office of Academic Affairs by the course instructor.