ECON 415: Causes and Consequences of Economic Growth

Course Description

This is a course in macroeconomics, and more specifically it represents an examination of macroeconomic theories and approaches to our society’s most pressing contemporary issues. Insofar as societies measure success via increased standards of living, however one chooses to define this, economic growth represents the fundamental economic issue. Moreover, while some countries have experienced exponential growth in the past 150 years, an examination of the data indicates frequent deviations along the way. These deviations are referred to as Business Cycles. This course seeks to examine not only the sources of economic growth, but also the consequences. In addition to developing an understanding of economic growth and business cycles, we will examine the issues of climate change (a consequence of economic growth) and financial crises (a cause of business cycles and a consequence of economic growth). Prerequisites: Econ 201 (or 209), 202 (or 208) AND EITHER (Admitted to the College of Business) OR (30 credits with no more than 21 credits of 300/400 level College of Business courses 2.5 GPA. Special fees may apply.