Douglass_IntroMacro_103Sec03Clare_Fall_09

Douglass_IntroMacro_103Sec03Clare_Fall_09 - Rutgers...

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1 Rutgers University INTRO TO MACROECONOMICS DOUGLASS Campus - Fall 2009 220:103 Sec. 03 Dr. G. Clare Regular Office: NJ Hall, Room 422 Phone #: (732) 932-8108 Learning Goals for Economics Majors 1.) Economic Literacy - Students who complete the major in economics should understand and be able to articulate, both orally and in writing, the core economic principles, concepts and theories that form the foundation for modern economic analysis and economic research. 2.) Economic Numeracy - Students who complete the economics major should be familiar with the tools, techniques and methods of empirical economics. They should be able to analyze data using computer applications and should be familiar with regression methods and other statistical techniques. They should be able to read and assess general interest articles on economic topics. In addition, they should be able to understand and evaluate key findings in published economic research from a wide range of sources including academic economists, public policy ‘think tanks,’ and government agencies. 3.) Economic Citizenship - Upon completion of the major students should be able to apply their understanding of core concepts and quantitative tools to analyze and research real world problems and evaluate alternative economic policy proposals on microeconomic and macroeconomic issues. 4.) Economic Scholarship – Qualified majors should have an opportunity through such avenues as advanced coursework, faculty interactions, national and local competitions and honors courses and programs to utilize up-to-date methodological tools and become fully engaged in economic research and issues on the frontiers of economics. Goals Introduction to Macroeconomic Theory Students who satisfactorily complete Introduction to Macroeconomic Theory will understand and be able to articulate the core principles, concepts and theories of modern macroeconomics (the basic aggregate demand and supply model, the multiplier, the Keynesian, Classical and Monetarist models, the open-economy macro model, neo- classical and new growth theory, etc). Students will begin to develop the ability to interpret and analyze economic data such as aggregate output, inflation, unemployment
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Douglass_IntroMacro_103Sec03Clare_Fall_09 - Rutgers...

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