Online CoursesEconomics 302: Intermediate Macroeconomics
Developed by Professor Luis de Araujo. Economics 302 online is an intermediate level course in macroeconomics. The objective of the course is to introduce students to facts and models that will help them improve their understanding of fundamental macroeconomic and public policy issues regarding inflation, unemployment, business cycles, monetary and fiscal policies. By the end of the course, students will be able to develop arguments and answers to questions like: What are the causes of unemployment? What makes the price level change over time? Why do economies face recessions and can the government do something to avoid or minimize them? What caused the great recession of 2007-2009 and which policies were implemented to deal with the crisis?
Major concepts covered in the course include business cycles and economic growth, monetary and fiscal policy, models of aggregate demand and supply, the relation between inflation and unemployment, time-consistency of policies, conventional and unconventional policies, the great recession of 2007-2009 and its aftermath.
All exams must be taken in the presence of a proctor. Arrangements will be available for students to take the exams at the East Lansing campus. Students who cannot take the exam at the East Lansing campus due to distance or time constraints must make alternative arrangements. Acceptable alternatives include proctoring by an MSU instructor for students enrolled in a study abroad program, proctoring by base personnel for students serving in the U.S. military, or taking the exam at an NCTA-certified testing center. A list of certified testing centers may be found at http://www.ncta-testing.org/find-a-cctc-participant. Note that testing centers may charge a fee for their services, or have restricted hours of operation. These are the only testing options available for examinations, and only students able to use one of these options should enroll. No exams, except as listed above, will be given outside the United States.