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ECON 204 - Principles of Macroeconomics (GT-SS1)

  • 3 credits
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Determinants of national output, employment, and price level; inflation and unemployment; fiscal and monetary policy.

This course is designed as an introductory survey of economy-wide phenomena such as inflation and unemployment, as well as determinants of national output, employment, and the general price level. The role of monetary and fiscal policy will be surveyed and applied via macroeconomic theory.

Upon completion of the course, the student should:

  • identify the data and use the tools of macroeconomic policy;
  • describe the costs and benefits of certain economy-wide phenomena such as inflation and unemployment;
  • understand what determines a country's standard of living in the long run;
  • evaluate public policy in an informed and objective manner;
  • recognize the institutional surroundings that impact macroeconomic phenomena;
  • further their analytical, research, and writing skills.

This course is approved for Validation by Education Experience (VEE) by the Society of Actuaries (SOA).

If you should have any questions about this course offering, please contact Director of Online Studies in Economics, Niroj Bhattarai, for more information. 

This course meets the All-University Core Curriculum (AUCC) requirements for Social/Behavioral Sciences (Category 3C) and is approved under gtPathways in the content area of Economic or Political Systems (GT-SS1).

Prerequisite

MATH 117 or concurrent registration or MATH 118 or concurrent registration or MATH 120 or concurrent registration or MATH 127 or concurrent registration or MATH 141 or concurrent registration or MATH 155 or concurrent registration or MATH 160 or concurrent registration.

Important Information

Prerequisites: college algebra, introductory microeconomics.

Textbooks and Materials

Please check the CSU Bookstore for textbook information. Textbook listings are available at the CSU Bookstore about 3 weeks prior to the start of the term.

 

Instructors