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  • OH.OSS.0005.Core.13 - Comprehend the concept of long run growth and policies to affect growt...
  • OH.OSS.0005.Core.13 - Comprehend the concept of long run growth and policies to affect growt...
Principles of Macroeconomics Course Content
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This is a Principles of Macroeconomics Course developed through the Ohio Department of Higher Education OER Innovation Grant. This work was completed and the course was posted in January 2019. The course is part of the Ohio Transfer Assurance Guides (TAGs) as OSS 005. For more information about credit transfer between Ohio colleges and universities, please visit: www.ohiohighered.org/transfer.Team LeadAmyaz Moledina                                  College of WoosterContent ContributorsRosemarie Emanuele                          Ursuline CollegeKenneth Fah                                        Ohio Dominican UniversityDarcy Hartman                                    Ohio State University – NewarkLibrarianNathan Wolfe                                       Kenyon CollegeReview TeamSeth Kim                                              Central Ohio Technical CollegeJoe Nowakowski                                  Muskingum University 

Subject:
Economics
Social Science
Material Type:
Full Course
Provider:
Ohio Open Ed Collaborative
Date Added:
08/27/2018
Principles of Macroeconomics Course Content, Aggregate Demand and Aggregate Supply, Aggregate Demand and Aggregate Supply: Course Map & Recommended Resources
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The aggregate demand and supply model provides a comprehensive and intuitive explanation of changes in the price level, actual real GDP, and potential real GDP.  Students will employ the AD-AS model to examine short-run cyclical changes in the economic and long-run changes in potential real GDP. The AD-AS graphs give the students an analytical tool by which to illustrate how changes in several economic variables and policy will impact important economic indicators and overall economic performance in the short run and long run.

Subject:
Economics
Material Type:
Module
Date Added:
09/27/2018
Principles of Macroeconomics Course Content, Long Run Economic Growth, Long Run Economic Growth: Course Map & Recommended Resources
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This lesson concerns how economic growth is measured and defined, the benefits of economic growth over time, and the determinants of a nation’s economic growth, including policy. Students will examine the importance of sustained economic growth over time.  Students will understand the meaning and determinants of economic growth. Comparative information and data for different economies over time will be utilized to examine the importance of policy and several factors as economic growth drivers. Students will examine the aggregate production function as a tool to understand the relationship between inputs and aggregate output.  The importance of technological progress will be emphasized. 

Subject:
Economics
Material Type:
Module
Date Added:
09/27/2018
Principles of Macroeconomics Course Content, Trade offs and Comparative Advantage, Trade offs and Comparative Advantage: Course Map & Recommended Resources
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This topic is considered optional as it would primarily be part of a principles of microeconomics course. If microeconomics is a prerequisite for macroeconomics, this topic can either be skipped entirely, or could be reviewed briefly. In some macroeconomics principles courses, this may need to be presented as new information. Learning objectives of particular interest for a macro course are 1, 2, 7, and 8. Please note that some of the learning objectives contained in this section may overlap with the International Trade unit.

Subject:
Economics
Material Type:
Module
Date Added:
09/27/2018