Spring 2017  |  APEC 5152 Section 001: Applied Macroeconomics: Income and Employment (53419)

Instructor(s)
Class Component:
Lecture
Credits:
3 Credits
Grading Basis:
Student Option
Instructor Consent:
No Special Consent Required
Instruction Mode:
In Person Term Based
Times and Locations:
Regular Academic Session
 
01/17/2017 - 05/05/2017
Tue, Thu 11:45AM - 01:00PM
UMTC, St Paul
Ruttan Hall B26
Course Catalog Description:
Static general equilibrium open economy models and simple business cycle models that examine economic growth, business cycles, and fiscal and monetary policy. Input-output analysis and large scale econometric models. Sources/properties of economy and sector-wide data. Empirical applications. prereq: 3001 or or Math 1271 or Math 2243 or equiv or grad student or instr consent
Class Description:
The course begins with a review of the fundamentals of micro economics of the consumer and firm. These fundamentals are used to develop, explain and apply a static general equilibrium trade model of an economy. Selected economy wide policies are discussed such as the basics of financial crises. The next section introduces the Solow model and growth accounting. The last section draws upon the static and the Solow model and growth accounting to develop a multi-sector growth model. This framework is used to explain savings, sources of growth, change in economy structure, and long-run equilibrim concepts.
Grading:
45% Midterm Exam
45% Final Exam
10% Problem Solving
Exam Format:
Essay
Class Format:
80% Lecture
20% Discussion
Workload:
50 Pages Reading Per Week
40-60 Pages Writing Per Term
2 Exam(s)
Textbooks:
https://bookstores.umn.edu/course-lookup/53419/1173
Instructor Supplied Information Last Updated:
21 May 2007

ClassInfo Links - Spring 2017 Applied Economics Classes

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