Department of Economics
Economics 202, Macroeconomic Theory
Office: Ascension 306
Office Phone: 5291
and by appointment
Home Phone: 427-2071
This course is a theoretical and applied study of the long-run level and growth of national
income, as well as the determination of prices, interest rates, unemployment rates, and exchange
rates both in the short-run and long-run.
The course will consider these approaches and also
emphasize the micro-economic foundations of macroeconomic theory.
Government is active in
the management of both domestic and international aspects of the macroeconomy, and the course
will consider current public-policy issues.
As time permits, diverse schools of macroeconomic
thought, distinguished by theoretical concepts, priorities in performance goals, and empirical
evidence, will be considered. Prerequisites: ECON 101, ECON 102, and ECON 201, or
permission of the instructor.
(available in the bookstore)
Abel, Andrew B., Ben S. Bernanke, and Dean Croushore
, (Boston, MA:
Pearson Addison Wesley, Sixth Edition 2008).
Comprehensive Final Examination:
The exam will be written so as to be finished in
roughly two hours, although students will have three hours to complete the exam.
date and time of the exam is shown on the attached Course Outline.