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ECON 2105 (UGA)
Principles of Macroeconomics (3 semester hours)

This course can be taken
    -> as a print course

Lessons for this course can be submitted and/or be returned
    -> via U.S. mail
    -> via fax return from IDL

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Explanations of economic growth and the business cycle, aimed at shedding light on economy-wide problems such as inflation and unemployment, with special attention to the role played by monetary and fiscal policies.

Requirements: Thirteen lessons, two examinations.

Instructor: Thomas Littlefield, M.A., The University of Georgia.

Texts: Mankiw, Principles of Macroeconomics, 3d ed., Thomson South-Western, 2004. Recommended: Hakes, Study Guide to Accompany Principles of Macroeconomics, 3d ed., Thomson South-Western, 2004.

ECON 2105
Principles of Macroeconomics
Instructor: Darrin Gulla, M.B.A., M.A.

Course Overview

Introduction

The main objective of this course is to train you in the principles of macroeconomics and to provide an understanding of economic models and analysis. It is the goal of the course to allow students to become more comfortable with general economic terminology and relationships and to understand how economics affects our daily lives. The course moves from basic economic concepts, such as opportunity cost based on scarcity, to more complicated aggregate expenditure models and discussions of the Federal Reserve.

You should have a knowledge of different economic schools of thought and the assumptions and implications that go along with each. Reports of economic activity are often misunderstood by the general public, so, through the exposure of basic economic models and the methodology of analyzing economic issues, students will be better prepared to understand political, social, and economic policy. One principal concept to understand is that the economy is a mechanism that allocates scarce resources amongst competing means. In this course, we study the ways and means that economists analyze this resource allocation.

Lessons

The course is divided into thirteen lessons, a midterm exam, and a final exam. You will complete the first six lessons and then take the midterm exam. You then will complete lessons seven through thirteen and take the final exam. The written assignments in each lesson are intended to allow the student to grasp the most basic principles of economics and to develop a working knowledge of traditional economic models. The exams and the lessons are designed to complement one another. Appendix A contains study questions and answers that will help you prepare for the examinations; the majority of the questions cover the material for the midterm examination, therefore it would be in your best interest to study them before taking the midterm.

Please contact the instructor if you have any questions about the lessons or preparing for the exams.

Grading and Examinations

The lessons will count 50 percent of the course grade, the midterm exam will count 25 percent of the course grade, and the final exam will count 25 percent of the course grade. You must pass the final to pass the course, regardless of grades earned on lessons. You are responsible for knowing and abiding by Independent and Distance Learning policies and procedures. See your Student Handbook for detailed information.