Macroeconomics Theory – ECON 614

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 07/28/2020

Course Description

This course provides students with a structured and analytically sound overview of how the U.S. economy functions. Measures of economic performance including productivity, price stability, economic growth, interest rates, government debt, and international trade deficits will be covered. The impact of international trade will also be discussed.

Prerequisites

None

Rationale

This course presents the powerful analytical tools that enable the student to understand the interaction of households, businesses, governments, and foreign countries in the whole economy, as well as the impact of changes in interest rates, exchange rates, monetary and fiscal policy on businesses and the economy.

Measurable Learning Outcomes

Upon successful completion of this course, the student will be able to:

  1. Approach macroeconomic issues from a biblical perspective.(PLO 1 emphasized)
  2. Analyze and interpret key macroeconomic performance measures. (PLO 2 emphasized)
  3. Evaluate the impact of macroeconomic changes on the business. (PLO 2 emphasized)
  4. Make management decisions from a macroeconomic perspective. (PLO 3 emphasized)

Course Assignment

Textbook readings and PowerPoint presentations

Course Requirements Checklist

After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in Module/Week 1.

Discussion Board Forums (8)

Discussion boards are collaborative learning experiences. Therefore, the student will be presented with questions in Discussion Board Forums. The student is required to answer 1 question in each forum with at least 1 citation in current APA format. Each Discussion Board Forum thread must be at least 300 words. The student must also reply to 1 classmate’s thread and the reply must be at least 150 words.

Homework (8)

The student will be required to answer a set of end-of-chapter problems.

Tests (4)

Each test will cover the Reading & Study material for the modules/weeks in which it is assigned. Each test will be open-book/open-notes, contain 40 multiple-choice questions, and have a 2-hour time limit. The student will have 1 opportunity to complete each test.