ECO 303 - Intermediate Macroeconomics (3)

Prerequisite: ECO 203 with a C- or higher, or permission.

An examination of the major theories developed to explain the functioning of the macroeconomy and the determination of national income in a market-oriented system. Students successfully completing this course will be able to 1) discuss both the long run classical model and macroeconomic growth theory; 2) describe various macroeconomic measurement techniques and issues; 3) explain the short run Keynesian model; 4) discuss the difficulties inherent in macroeconomic policy-making, both monetary and fiscal; and 5) understand the role of presidential leadership in economic policy making.