ECON 3233 - Business Cycles (3 Credit Hours)

Lecture Contact Hours: 3
The course will offer an overview of the causes and consequences of short-run business cycles around long term growth trends and how macroeconomic policies aim to stabilize these booms and busts in aggregate economic activity. Emphasis is placed on practical application of economic theory in understanding the causes and consequences of aggregate demand and aggregate supply shocks on the economy. Includes a practical perspective on the role of monetary and fiscal policy in business cycles. The course also includes some treatment of international economics in the context of domestic business cycles.

Prerequisite(s): A minimum grade of “C” in ECON 2105 and ECON 2106.
Repeat Limit: Not Repeatable
When Offered: Once a year