Introduction to Macroeconomics

Fall 2020 and Summer 2020

This course will provide students an opportunity to learn the language commonly used in macroeconomics and the way the macro economy works. Students will develop and apply economic reasoning to both everyday choices, business and policy decisions that stem from aggregate variables.

Syllabus

 You can find the syllabus here.

Course Learning Objectives

Have an understanding and ability to apply at an elementary level each of the following six categories:

  • Macroeconomic concepts
    • Basic macro framework
    • Basic macro variables
  • Output determination
    • in the long-run
    • in the short-run
  • Money and interest rates
  • Price levels
  • Open economy
  • Analyze changes in policy and other shocks

FAQs

Prerequisites:

  • Introduction to Microeconomics (E201).

Required textbook and resources:

  • Hubbard, G. and O’Brien, A., ‘Macroeconomics’, 7th edition, Pearson.
  • Class Canvas Website.
  • MyEconLab Access Code.
  • IU Zoom.