AAEC 5044

Description

This course focuses on macroeconomic theory and its application to markets, data, and public policy. Students examine how national income, unemployment, productivity, interest rates, exchange rates, and economic growth shape the broader economy. The course introduces models used to analyze long-run economic performance, business cycles, seasonality, and trends, as well as the roles of fiscal and monetary policy. Through data analysis, scholarly research, current economic events, and applied projects, students develop the skills needed to evaluate economic arguments and policy proposals relevant to careers in business and government.

Learning Objectives

Having successfully completed this course, the student will be able to:

• Identify and appraise primary sources of macroeconomic data.
• Explain the assumptions and models used in macroeconomic analysis.
• Analyze economic trends and arguments using graphs, figures, charts, and empirical evidence.
• Evaluate current national and international economic events and their effects on markets.
• Assess the scientific merit of economic research published in scholarly and professional sources.
• Critique economic arguments using relevant macroeconomic models and supporting evidence.
• Compare and evaluate fiscal, monetary, and other macroeconomic policy proposals.

Prerequisites and Corequisites

Graduate standing

Instructor(s)

Ashley Beleny