BCIT
Curriculum
Course Title: Honors Macroeconomics
Department: BCIT
Units of Study:
Introduction
An Introduction to Macroeconomics
Measuring Domestic Output and National Income
Economic Growth
Business Cycles: Unemployment and Inflation
Basic Macroeconomics Relationships
The Aggregate Expenditure Model
Aggregate Demand and Aggregate Supply
Fiscal Policy, Deficits, and Debt
Money, Banking, and Financial Institutions
Money Creation
Interest Rates and Monetary Policies
Financial Economics
Curriculum-Based Assessments:
Standardized Assessments:
Description of Course:
Macroeconomics is designed to give students a thorough understanding of the principles of economics that apply to an economic system as a whole. This course places an emphasis on the study of national income and performance measures for economic growth. There is an in depth look at inflation, unemployment and price stability from fiscal and monetary policy perspectives. It is recommended students take Microeconomics before Macroeconomics. However, there is no prerequisite and students are permitted to take both courses in one school year.