|(3 cr.) This course helps students to understand two
phenomena: long-run growth and business cycles.
The section of the course devoted to long-run
growth emphasizes the importance of technological
change for increasing the standard of living. The
section devoted to business cycles emphasizes the
causes of these cycles and the roles of fiscal and
monetary policy in preventing business cycles.
Computer assignments using spreadsheet or
statistical software are an essential part of this
course. Calculus is used in this course.
Prerequisite: EC 112; MA 107, MA 110, MA 118, MA 140, MA 141 or MA 151; Every Year, Fall|