This course hub website contains OER/ZTC (Open Educational Resources/Zero Textbook Cost) resources for faculty teaching Introduction to Macroeconomics (ECO 201) at the Borough of Manhattan Community College (BMCC). These resources are freely available for use by BMCC faculty and beyond.
15.015 Macro and International Economics focuses on the policy and economic environment …
15.015 Macro and International Economics focuses on the policy and economic environment of firms. This subject divided in three parts. The first part of the course is a study of the closed economy and how monetary and fiscal policy interacts with employment, GNP, inflation, and interest rates. Next, the course provides an examination of national economic strategies for development and growth and recent financial and currency crises in emerging markets. Finally, the course addresses the problems faced by transition economies and the role of institutions both as the engine of growth, and as the constraints for policy.
Principles of Macroeconomics 2e covers the scope and sequence of most introductory …
Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters. Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition. The first edition of Principles of Macroeconomics by OpenStax is available in web view here.
By the end of this section, you will be able to: Calculate …
By the end of this section, you will be able to:
Calculate the annual rate of inflation Explain and use index numbers and base years when simplifying the total quantity spent over a year for products Calculate inflation rates using index numbers
By the end of this section, you will be able to: Explain …
By the end of this section, you will be able to:
Explain the structure and organization of the U.S. Federal Reserve Discuss how central banks impact monetary policy, promote financial stability, and provide banking services
By the end of this section, you will be able to: Use …
By the end of this section, you will be able to:
Use the aggregate demand/aggregate supply model to show periods of economic growth and recession Explain how unemployment and inflation impact the aggregate demand/aggregate supply model Evaluate the importance of the aggregate demand/aggregate supply model
In this chapter, you will learn about: Macroeconomic Perspectives on Demand and …
In this chapter, you will learn about: Macroeconomic Perspectives on Demand and Supply Building a Model of Aggregate Demand and Aggregate Supply Shifts in Aggregate Supply Shifts in Aggregate Demand How the AD/AS Model Incorporates Growth, Unemployment, and Inflation Keynes’ Law and Say’s Law in the AD/AS Model
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