UPI Study, Inc. | Evaluated Learning Experience
Economics 252: Macroeconomics
Varies (self-study, self-paced).
March 2021 - Present.
Upon successful completion of the course, students will be able to: acquire and articulate a comprehensive understanding of macroeconomic principles and theories, emphasizing their relevance in contemporary economic scenarios; apply key economic concepts such as opportunity cost, supply and demand, and equilibrium to practical and global economic situations, including international trade and specialization; analyze and evaluate economic shocks and their consequences, utilizing economic data and indicators to assess and predict economic trends; understand and critically assess the role of government policies and macroeconomic policies in shaping economic outcomes and their societal impacts; develop and demonstrate strong problem-solving and critical-thinking skills in economic analysis, communicating complex economic concepts effectively; prepare for advanced studies or careers in economics and related fields, applying economic reasoning to both global economic issues and personal financial decision-making; and engage in informed discussions on macroeconomic issues, recognizing and addressing global economic challenges with a well-rounded macroeconomic perspective.
The course is self-paced, and instruction is delivered through online video and text lessons. Students are assessed through quizzes, assignments and a proctored final exam. Major topics include economic scarcity, choice, and opportunity cost; comparative advantage: definition and examples; market demand schedule; circular flow of economic activity: the flow of goods, services, and resources; consumer price index: measuring the cost of living and inflation; defining and measuring the unemployment rate; the Keynesian model and the classical model of the economy; real output, price level, and the real gross domestic product.
In the associate/certificate degree category OR in the lower division baccalaureate/associate degree category, 3 semester hours in Economics, Business Administration, Business, Accounting, Management, Marketing, Finance, or Financial Management (1/24).
