Credit
3 semester hours
Prerequisites
None
Course Description
Students will learn to "think like an
economist" -- which means understanding scarcity, opportunity cost,
decision making at the margin, and supply and demand. Once
these basic concepts are mastered, a variety of domestic and
international macroeconomic issues are examined. When
students complete this course, they will be able to answer
questions such as:
Citizens of Luxembourg earn about
$55,000 per year; in Ethiopia, about $800 per year. What
factors accounts for such a difference?
- Can a $7.5 trillion debt lead the United
States government into bankruptcy?
- Should Americans worry about persistent
trade deficits?
- Is there any relationship between a
nation’s money supply and its prospects for sustained economic
growth?
- Why does everyone seem to be interested
in what the Chair of the Federal Reserve Bank has to
say?
Students will learn the underlying
economic theory by reading the text, solving problem sets, and
working through on-line tutorials. Then students will apply
the theory to real-world issues by critically evaluating published
articles, writing position papers, and engaging in on-line
discussions with fellow students and the instructor.
Textbook
Arnold, Roger, Macroeconomics, 7th edition. Thomson/Southwestern
Publishing. ISBN: 0324236670
(2005)
Please email instructor for
information.
Also note, students taking online courses get free
shipping on textbooks ordered through the
St. John's University Bookstore -- choose
‘Queens/Bartilucci/Online"’ as your campus when ordering your books
online and put the words "DISTANCE LEARNING" in
the comment section. If you encounter any problems
ordering online, please email 0065mgr@fheg.follett.com,
or call the bookstore at 718-969-6032.Instructor
Susan Glanz
Enroll
now