ECON1300 Principles of Macroeconomics
This course focuses on the theories that explain the overall performance of the economy and the government policies that stabilize the economy and promote economic growth. Students will learn the principles of markets, the price system and supply and demand. The course will also cover national income, unemployment, inflation, the role money, the banking system, and the foundations of international trade and finance.
Prerequisite
Qualifying score on reading assessment test OR
ENGL0921
Course Requirements and Evaluation
Refer to Course Syllabus for detailed information regarding the requirements and evaluation standards for this course. The Course Syllabus will be distributed the first week of the course.
Learning Outcomes
The following outcomes will be addressed in the course:
Explain the implications of scarcity for society and decision-making
Determine the opportunity cost of a particular choice
Apply the concepts of marginal analysis to optimize behavior
Apply the model of supply and demand to analyze market behavior
Interpret macroeconomic indicators
Analyze the causes and consequences of unemployment, inflation, and economic growth
Analyze the economic health relationships in a highly interdependent world economy
Evaluate the effectiveness of using monetary and fiscal policy to achieve macroeconomic goals
Text and References
A list of textbooks required for this course is available at the
campus store and in eServices.
Course Scheduling
The scheduled hours of instruction include sixteen hours for each lecture credit, thirty-two hours for each lab credit, and forty hours for each credit of supervised occupational experience (SOE). Lecture credit may include formal or impromptu lectures, demonstrations, or discussions with the entire class or with small groups or individuals. Refer to the Course Credits section of this course outline for the credit breakdown.
Accommodations Statement
Access Services - Reasonable accommodations are available to qualified students with documented disabilities. Upon attending an intake meeting with Access Services, qualified students will receive a letter listing the approved accommodations that they may provide to their instructors. If you have a documented disability that may require accommodations, contact HTC Access Services at
AccessServices@hennepintech.edu or
https://hennepintech.edu/current-students/access-services/index.html.
Campus
Brooklyn Park Campus and Eden Prairie Campus: 952-995-1300
Credit Details