Intermediate Macroeconomic Analysis (Honors) (3) Analysis of forces that determine the level of aggregate economic activity.
ECON 304H Intermediate Macroeconomic Analysis (Honors) (3)
(BA) This course meets the Bachelor of Arts degree requirements.
There are two branches within the discipline of economics: microeconomics, focused on the behavior of individual economic actors (consumers, firms, and government) and macroeconomics, focused on economic aggregates (e.g., inflation, unemployment, aggregate economic growth). There are four core courses in economics that are required of all majors and minors: introductory and intermediate courses in microeconomics and macroeconomics. This course is the upper-level core course in macroeconomic analysis.
Students will learn, at a deeper level than that covered in the beginning macroeconomics course (ECON 004), and with extensive use of calculus and economic models, about the measurement and structure of the national economy, long-run economic performance and the factors that influence it, business cycles and macroeconomic policy, and the environment and institutions that are pertinent to macroeconomic policy. Students will develop their analytical skills for analysis of macroeconomic issues. These skills, in turn, will be required for several 400-level macroeconomics-oriented courses.
This course is a follow-on to the introductory course in macroeconomic analysis, its prerequisite going more deeply into the material covered in that introductory course in macroeconomic analysis, and making extensive use of calculus and formal models. It is, in turn, a prerequisite for a number of macroeconomics-oriented courses at the 400 level. This honors version is designed to provide the opportunity for stronger students to pursue this key course at a more rigorous and in-depth level.
Note : Class size, frequency of offering, and evaluation methods will vary by location and instructor. For these details check the specific course syllabus.