Nov 01, 2024  
2023-2024 Cal State East Bay Catalog 
    
2023-2024 Cal State East Bay Catalog [ARCHIVED CATALOG]

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ECON 305 - Macroeconomic Theory


Units: 3
Measurement and analysis of the determination of national income and employment; general price level; stabilization and growth.

Prerequisites: ECON 200, ECON 205 and ECON 210.
Possible Instructional Methods: On-ground or Online-Asynchronous.
Grading: A-F grading only.
Course Typically Offered: Spring ONLY


Student Learning Outcomes - Upon successful completion of this course students will be able to:
  1. Relate aggregate patterns to individual optimization in consumption choices, investment behavior, international trade, and labor demand and supply;
  2. Predict the effect of changes in macroeconomic variables on aggregate demand and aggregate supply;
  3. Apply the Solow model to determine how changes in resources, behavior, and technology affect a country’s growth path;
  4. Calculate total factor productivity, and decompose GDP into trend and cyclical components;
  5. Distinguish financial crises, such as the Great Depression and the Great Recession, from regular downturns in the business cycle;
  6. Explain the connection between budget and trade deficits, and discuss the implications and sustainability of the national debt.




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