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ECON 102 Introduction to Macroeconomics

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    Dohan, gullll, JOANNIX, rui, clieve, Rezvani, MattewKatz, Belfield, Fa, CarlRiskin, GeorgiosMarketakis, lohez, JosephCzrick, Chiao Han Lin
  • Average Course Rating (from 4 Students)

    4.3/5
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    • 1
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  • Course Difficulty Rating

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  • Top Course Tags

    Always Do the Reading

    Great Intro to the Subject

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    • Profile picture
    Jan 29, 2017
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    I want to become an Actuary. Therefore, for giving actuarial exams, it is a requirement. So, I highly recommend it.

    Course highlights:

    It teaches us to take decisions on real time problems. It also makes us think critically as well as economically.

    Hours per week:

    6-8 hours

    Advice for students:

    First of all is to study hard. It doesn't get limited within the book. Since it is economics, we can relate it to any thing that runs on money in our daily life. We can also develop a very thoughtful mind through this course. Risk management is also a very strong lesson we can get from it.

    • Winter 2017
    • Chiao Han Lin
    • Yes
    • Profile picture
    Jan 09, 2017
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    Definitely, this course is fundamentally needed to help you in understanding the other, more difficult and complex economic classes. It teaches you the basics, such as the Supply and Demand model, but focuses on the behavior of the economy as a whole! Even if you do not chose to major in Economics, this is a light course that can be enjoyable and informative to one who wants to better understand the economy.

    Course highlights:

    Personally, for me the highlights of this course was learning about GDP, Gross Domestic Product. I was always curious about GDP and what it actually was until taking this course. I learned that GDP is actually a way to measure national income, it's the dollar value of all goods and services produced in the country, whether by natives or foreigners. That means that if a United States citizen was to open a manufacturing plant and produce goods overseas, it would not be included in the GDP. However, it is important to realize the difference between GDP and GNP. In the U.S., GNP, Gross National Product, is actually used instead of GDP as the measure of production. GNP measures production and output of United States citizens regardless of whether it's produced in the borders of the country or not. Therefore, GDP truly measures the income generate by production done in the U.S. specifically, while GNP measures the income generated by the production of U.S. citizens in any country or location. It is important to recognize the difference between these two terms.

    Hours per week:

    3-5 hours

    Advice for students:

    To constantly review material. It can be very useful to constantly refresh your memory with the material that was previously learned, so you can better understand the material you are learning. Also, don't be afraid to ask questions! If you are having trouble with a certain topic, most likely another student is having difficult understanding the topic as well. Speak up, and be heard, your questions matter!

    • Fall 2015
    • JosephCzrick
    • Yes
    • Profile picture
    Sep 06, 2016
    | Would recommend.

    Not too easy. Not too difficult.

    Course Overview:

    The course itself contains extremely crucial information for any student, regardless of major. I personally did not enjoy this professor's teaching style.

    Course highlights:

    The textbook that we used was extremely informative and concise.

    Hours per week:

    0-2 hours

    Advice for students:

    Don't waste your time with the slides, just read the book.

    • Spring 2015
    • CarlRiskin
    • Yes
    • Great Intro to the Subject Always Do the Reading

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