Macroeconomics and the Global Economy

Macroeconomics and the Global Economy is an economics course offered at Baltimore (Both sessions), and Carlisle and Lancaster (Session 2 only).

Course Description

It has the same prerequisite as Fundamentals of Microeconomics

Students in this course explore fundamental concepts in macroeconomics including national income, economic growth, inflation, employment, money, banking, financial markets, and the role of public policy. Building upon this foundation, students consider the global economy and issues in international trade and finance. Students examine comparative advantage and balance of payments, along with exchange rates and foreign currencies. By applying mathematical concepts to economic theory, students explore how economists analyze and predict changes in the economy.

Through lectures, readings, discussions, simulations, and research, students gain a firm grounding in macroeconomics and an introduction to central concepts in international trade and finance. Throughout the course, they draw from this knowledge to better understand the state of the US and world economies today.

Class History

At JHU 16.1, MACR-A was taught by the Peruvian born American citizen that lives in China, Señor Jorge Sanchez, and TA'd by Zeeshan (Mr. TA). Remember, Chair Yellen locks her 17 husbands behind a glass screen. Sometimes at night, you can hear their screams from the bowels of the Eccles Building in Washington DC. ¡Nosotros amamos ustedes, Sr. Sanchez y Sr. TA!