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Home > France > Paris > Programs > Program Overview > Course Requirements > Course Description
Economics 110: Macroeconomics
The American Business School in Paris
Paris, France
| Subject Area(s) |
Level(s) |
Instruction in |
Credits |
Contact Hours |
Prerequisites |
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Economics
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100
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English
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3
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45
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None
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This is the first course which is a study of modern
economic society, the economic role of consumers, businesses,
governments, banks and other institutions. It includes a thorough
introduction to economic analysis which aids the understanding of
economic behavior.
COURSE OBJECTIVES & INSTRUCTIONAL METHODOLOGY:
To
provide the student with a solid foundation in contemporary
macroeconomic theory. The student learns about the tools government has
at its disposal to manipulate the economy to bring about certain
results.
The course consists of class lectures and outside
reading assignments. Students will be expected to do class
presentations on various assignments.
Will be covered in class:
- Introduction: The Economic Way of thinking
- Supply & Demand: The Basics
- Elasticity
- Stability & Prosperity
- Circular Flow of Income & Product
- Measuring National Income & product
- Aggregate Supply & Demand Model
- Classical Keynesian Theories of Income Determination
- Fiscal Policy; Money & the Banking System
- Supply & Demand for Money; Inflation
TEXT:
Economics, Gregory Mankiw, Thomson/South Western, 2010
Economics Study Guide, Hakes/Mankiw, Thomson/South Western, 4th edition, 2007
EVALUATION:
The
final grade will be based on class participation and homework
assignments (25%), a mid-term examination (25%), and the final
examination (50%).
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