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ECON 120 Principles of Macroeconomics

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    SaulMekies, Mark Pelzer, Bill Brendlinger, William Gerdes, John Fletcher

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Principles of Macroeconomics Questions & Answers


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  • Average Rating

    4.6/5
    Overall Rating Breakdown
    • 7 Advice
    • 5
      71%
    • 4
      29%
    • 3
      0%
    • 2
      0%
    • 1
      0%
  • Course Difficulty

    • Easy 0%

    • Medium 71%

    • Hard 29%

  • Top Course Tags

    Participation Counts

    A Few Big Assignments

    Great Intro to the Subject

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    • Profile picture
    Dec 06, 2016
    | Would recommend.

    Not too easy. Not too difficult.

    Course Overview:

    I would recommend this course because it teaching more about how we as citizens could help for the economy of the country to keep growing.

    Course highlights:

    Macroeconomics is basically a branch of the economics field that studies how the aggregate economy behaves. So, in this course, we learnt a variety of economy-wide phenomena is thoroughly examined such as, inflation, price levels, rate of growth, national income, gross domestic product and changes in unemployment.

    Hours per week:

    6-8 hours

    Advice for students:

    To succeed in this course, I would advice students to always pay attention to what it says in class, take notes, and mainly do the given homework which will make the course easily understandable.

    • Fall 2016
    • John Fletcher
    • Yes
    • Background Knowledge Expected A Few Big Assignments Participation Counts
    • Profile picture
    Jul 20, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    I think that this is a very necessary class because you will receive information that will help you throughout your life.

    Course highlights:

    One thing I learned was the difference between real GDP and nominal GDP. This is important to know because if you want to understand what is going on with our country's finances, you have to understand what number you are being fed. I also learned about equilibrium prices and how price is determined. For example, in a more socialist society price is seen as objective; however, in capitalist societies price is seen as subjective - it is worth whatever the buyer is willing to pay for it.

    Hours per week:

    3-5 hours

    Advice for students:

    If you pay attention during lectures, take good notes, and spend time reading and studying, you will have no problems with this class. One last bit of advice would be to ask questions if there is something you don't understand. This class has many principles that build upon each other so if there is something that confuses you, your confusion will only get worse as the class continues.

    • Summer 2016
    • William Gerdes
    • Yes
    • Always Do the Reading A Few Big Assignments Participation Counts
    • Profile picture
    Jul 20, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    Technically, I think most people will have to take Economics; however, I recommend the class because I believe people should understand the way that economic principles work and how they can influence the world. It was very enlightening to me as I face the upcoming election.

    Course highlights:

    In elementary school, I was taught about supply and demand. It was extremely simple, people are willing to pay more if the supply is limited. However, through this course, I learned that there were more variables involved than that. For instance, even though supply may be limited, that doesn't mean that a seller can ask for whatever they want. It takes trial and error to find the equilibrium price. This example is just a sample of the important information that I learned.

    Hours per week:

    3-5 hours

    Advice for students:

    It is very important to pay attention to the lectures and take careful notes. Also, if something confuses you, ask about it. This class gives information that builds upon each other, so if something doesn't make sense now, the next class will make even less sense. Reading the assigned chapters and looking over your notes more than when you wrote them will also lead to success.

    • Fall 2015
    • William Gerdes
    • Yes
    • Great Intro to the Subject A Few Big Assignments Participation Counts


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