Intermediate Macroeconomic Analysis
In the ECON 304 Intermediate Macroeconomic Analysis course, students are introduced to macroeconomic variables such as the unemployment rate, real and nominal interest rates, potential economic growth, and nominal and real GDP. In this course, students will be taught to analyze the two-period consumption model and the life cycle theory of consumption. In the course, students will focus on topics such as marginal product of labor, production functions, labor demand, marginal productivity of capital, economy's supply, firm investment, and aggregate demand. In this course, students will be provided with an understanding of general equilibrium and will be taught to examine open market operations, the Federal Reserve, quantitative easing, the market for reserves, and monetary policy.
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