Macroeconomics (ECON 1200)
Macroeconomics is a branch of economics that aims to explain the functioning of the national economy as a whole. Macroeconomics looks at the behavior of a nation's economic aggregates, whereas microeconomics studies decisions made by individual consumers and business firms. The objectives of this course are to introduce the student to the basic principles of macroeconomic analysis, to illustrate how macroeconomics can be used to help understand the world around us, especially issues presented in the media. Topics include: national income analysis and determination, inflation, unemployment, fiscal and monetary policy, money and banking, national debt, and international trade. Emphasis on the everyday applications of macroeconomics makes this more than just a pure theory course. Microeconomics and Macroeconomics can be taken concurrently or in any order.
Course code: ECON 1200
Credits: 3.0
Length: 60.0 hours
Course outline:
view
https://www.vcc.ca/vccphp/courseoutline?subject=ECON&number=1200
Prerequisites
Pre-calculus 11; or Math 0861 and Math 0871; or 72% on the VCC Intermediate Algebra AssessmentTest.
| CRN # | Dates | Day/Time/Location | Instructor |
|---|---|---|---|
| 41998 | January 6, 2025 to April 23, 2025 | See full schedule Delivery: Online with Scheduled Classes Location: Online | Lin, Jack |
Additional Information
- Introduction to Economics
- Review of Microeconomics
- Measuring Economic Activity
- Output Gap
- Business Cycles
- Unemployment
- Price Level and Inflation
- Aggregate Expenditure Model
- Aggregate Demand and Aggregate Supply Multiplier
- Fiscal Policy
- Money and Banking
- Monetary Policy Balance of Trade
- Exchange Rate and the Open Economy
† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.