Economics (ECON) 248
Macroeconomics (Revision 8)
Revision 8 is closed for registrations, replaced by current version
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Area of Study: Social Science
Centre: Faculty of Business
ECON 248 has a Challenge for Credit option.
Télé-université du Québec equivalency: ECO 2400.
ECON 248: Macroeconomics, in conjunction with ECON 247: Microeconomics, provides a basic introduction to the entire discipline of economics. The study of microeconomics, macroeconomics, or both can help all students to understand our society better. While microeconomics deals with individual decision makers in households, firms, and governments, macroeconomics deals with aggregates. ECON 248 looks at economy-wide issues such as inflation, unemployment, balance of international payments, and the way that government policies affect these variables.
ECON 248 deals with both economic theory and economic policy. For the future economist, the theory is absolutely essential, because senior economics courses will assume that you have already mastered certain analytical tools that economists routinely use.
In order to develop this understanding of economic issues and theories, you will need to learn:
- economic definitions (e.g., how economists use terms like investment, money, and unemployment);
- economic facts (e.g., what the powers and responsibilities of the Bank of Canada are); and
- analytical tools (e.g., how economists determine the relationship between investment and unemployment).
Economics is a quantitative discipline. By its very nature, it deals with numbers and requires some understanding of mathematics.
- Unit 1: Introduction to Economics
- Unit 2: Monitoring Macroeconomic Trends and Fluctuations
- Unit 3: Macroeconomic Trends: The Real Economy
- Unit 4: Macroeconomic Trends: The Money Economy
- Unit 5: Macroeconomic Fluctuations
- Unit 6: Macroeconomic Policy
To receive credit for ECON 248, you must receive a grade of 50 percent or better on the final examination, and achieve an overall grade of at least “D” (50 percent) for the entire course. Your final grade is determined by a weighted average of the grades you receive on the activities listed below. The weightings for each of these activities are as follows:Total
|6 Quizzes (5% each)||Assignment 1||Assignment 2||Final Exam|
To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.
Parkin, M. & Bade, R. (2013). Macroeconomics: Canada in the Global Environment. (8th ed.). Toronto: Pearson Education Canada Inc. ISBN 0321808398
You can acquire a print version of the textbook on your own if you wish.
All other learning resources will be available online.
The Challenge for Credit process allows students to demonstrate that they have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university level course.
Full information for the Challenge for Credit can be found in the Undergraduate Calendar.
Paper Exam (3 hours)
Undergraduate Challenge for Credit Course Registration Form
Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized-study counterparts.
Opened in Revision 8, September 9, 2013.
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Updated December 08 2016 by Student & Academic Services