Sep 27, 2022  
2021-2022 Cal State East Bay Catalog 
    
2021-2022 Cal State East Bay Catalog [ARCHIVED CATALOG]

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ECON 205 - Principles of Macroeconomics


Units: 3 ; Breadth Area: GE-D1-2
Basic macro-economic concepts; introductory analysis of the determination of national income and employment; money and banking; fiscal policy in a global context.

Strongly Recommended Preparation: MATH 115.
Equivalent Quarter Course: ECON 2302.
Possible Instructional Methods: Entirely On-ground, or Entirely Online.
Grading: A-F grading only.
Breadth Area(s) Satisfied: GE-D1-2 - Lower Division Social Sciences
Course Typically Offered: Fall & Spring


Student Learning Outcomes - Upon successful completion of this course students will be able to:
  1. Define key macroeconomic indicators, including GDP, the rate of inflation, the rate of unemployment, the government budget deficit, the trade deficit, and the exchange rate;
  2. Correctly identify real and nominal quantities;
  3. Discuss the historic long-run and short-run behavior of US macroeconomic indicators;
  4. Compare the US to other economies on macroeconomic indicators;
  5. Explain how and why the Fed manages US interest rates;
  6. Contrast classical and Keynesian arguments about the effect of government spending on the economy.


D1-2. Lower-division Social Science Electives Learning Outcomes
  1. specify how social, political, economic, and environmental systems and/or behavior are interwoven;
  2. explain how humans individually and collectively relate to relevant sociocultural, political, economic, and/or environmental systems-how they produce, resist, and transform them;
  3. discuss and debate issues from the course’s disciplinary perspective in a variety of cultural, historical, contemporary, and/or potential future contexts; and
  4. explore principles, methodologies, value systems, and ethics employed in social scientific inquiry.



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