These are the official Economics Department course objectives for ECON 201 which are the same for all sections:
Economics 201 Goals and Objectives
Principles of Macroeconomics, is designed as a student’s first exposure to the study of economics (though sometimes students have completed Econ 202 – Principles of Microeconomics). In general, economics deals with the study of choices (decision-making). In particular, this course develops the economic approach to decision-making for entire economies. As such, the course focuses on understanding and applying economic models related to an economy and/or national policy-making decisions.
Students will gain a basic understanding of:
- The measurement of production, employment and prices in the national economy.
- The determinants of production, employment and prices in the national economy.
- The influence of fiscal and monetary policy on production, employment, and prices in the national economy.
Here are the learning objectives for UMW General Education Requirement: HUMAN EXPERIENCE AND SOCIETY (which ECON 201 satisfies):
- Students will be able to explain human and social experiences and activities from multiple perspectives.
- Students will be able to draw appropriate conclusions based on evidence.
- Students will be able to transfer knowledge and skills learned to a novel situation.