ECON 351

Intermediate Macroeconomics

4 Undergraduate credits
Effective August 1, 1998 – Present

Graduation requirements this course fulfills

Topics covered in this course include: measuring economic performance; the determination of income and expenditures; the role of government in influencing general equilibrium and economic fluctuations; the development of stabilization policies; and the operations of financial markets. The analytical approaches are more advanced than those in ECON 201 Macroeconomics.

Learning outcomes


  • Understand economic vocabulary of national income, employment, inflation, the banking system, monetary and fiscal policy, international trade, and economic growth.
  • Apply macroeconomic theories.
  • Construct graphical and mathematical models of macroeconomic behavior.
  • Critique modern macroeconomic models.
  • Examine how economists study human behavior.
  • Examine the important current macroeconomic issues.

Minnesota Transfer Curriculum

Goal 5: History and the Social and Behavioral Sciences

  • Employ the methods and data that historians and social and behavioral scientists use to investigate the human condition.
  • Examine social institutions and processes across a range of historical periods and cultures.
  • Use and critique alternative explanatory systems or theories.
  • Develop and communicate alternative explanations or solutions for contemporary social issues.

Fall 2020

Section Title Instructor
50 Intermediate Macroeconomics Osell, Shawn A Books Course details