Macroeconomics

Macroeconomics - Principles of Macroeconomics (ECO 205)...

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1 Principles of Macroeconomics (ECO 205) Spring 2012 Section A: 10174 9:30-10:20, MWF Section B: 10173 10:30-11:20, MWF Instructor John Deskins, Ph.D. Office – BA 413 Telephone – 402.280.2442, Email – johndeskins@creighton.edu Webpage – http://people.creighton.edu/~jad62470 Creighton University College of Business Vision Statement: Guided by our Jesuit heritage, we form leaders who promote justice and use their business knowledge to improve the world. Office Hours : 3:15-4:15 Monday and Wednesday, 10:15-11:15 Tuesday and Thursday, and by appointment. Please take advantage of this opportunity. It is important that you see me if you are having any trouble. Even if you’re not having trouble it would be beneficial to chat over points of interest. Purpose : In this first course in macroeconomics we use the “economic way of thinking” to help us understand how human systems of producing and distributing goods and services behave at the aggregate level. While much of the course involves the development of a theoretical underpinning to understand aggregate economic behavior, a significant portion is devoted to “real world” applications. We examine questions such as the following: o “How do we measure the size of the economy?” o “Why is the economy growing at the current rate?” o “Why are so many (or so few) people unemployed?” o “Why are prices rising at the present rate?” o “How can government influence economic growth in the long-run?” o “Can government stabilize economic activity in the short-run?” o “How should government intervene?” Note : Please remember to keep the big picture in mind. Oftentimes students feel that
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This note was uploaded on 12/27/2011 for the course ECON 205 taught by Professor Johndeskins, during the Fall '11 term at Creighton.

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Macroeconomics - Principles of Macroeconomics (ECO 205)...

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