PRINCIPLES OF MACROECONOMICS
- Program: Economics
- Course: Principles of Macroeconomics
- Course #: ECON2300
- Total Credits: 3
Course DescriptionThis course focuses on the theories that explain the overall performance of the economy and the government policies that stabilize the economy and promote economic growth. Students will learn the principles of markets, the price system and supply and demand. The course will also cover national income, unemployment, inflation, the role money, the banking system, and the foundations of international trade and finance.
Refer to Course Syllabus for detailed information regarding the requirements and evaluation standards for this course. The Course Syllabus will be distributed the first week of the course.
Hennepin Technical College offers reasonable accommodations to qualified students with disabilities. If you have a documented disability that may require accommodations, contact the college’s Disability Services Director: Sara Laviolette at Brooklyn Park (763-488-2477) or Jean Kreutter at Eden Prairie (952-995-1544).
The following goals will be addressed in the course:
Explain the implications of scarcity for society and decision-making
Determine the opportunity cost of a particular choice
Apply the concepts of marginal analysis to optimize behavior
Apply the model of supply and demand to analyze market behavior
Interpret macroeconomic indicators
Analyze the causes and consequences of unemployment, inflation, and economic growth
Analyze the economic health relationships in a highly interdependent world economy
Evaluate the effectiveness of using monetary and fiscal policy to achieve macroeconomic goals
- Lecture: 3
MnTC Goal: 5 & 8
Qualifying score on reading assessment test OR ENGL0921
- Campus: Brooklyn Park/Eden Prairie
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