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Online Courses

EC302 Economics 302: Intermediate Macroeconomics

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.

This is a technical course that intensively uses concepts of supply and demand and equilibrium.  The on-line version delivers the same material as one would find in a conventional class.  Most of the material is presented in “lecture” style.  In addition, the course includes a variety of web-based resources.

Exam Policy

Students living within 75 miles of East Lansing are expected to take the exams on campus. Students who cannot take the exams at the East Lansing campus due to distance constraints must make alternative arrangements. These alternatives include proctoring by an MSU instructor for students enrolled in a study abroad program, by base personnel for students serving in the U.S. military, by an approved public library, by a college or university testing center, or by a certified testing center. A list of certified testing centers may be found at http://www.ncta-testing.org/cctc/find.php. Note that testing centers may charge a fee for their services, or have restricted hours of operation. These are the only testing options available, 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.


Michigan State University Department of Economics