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ECON 437

ECON 437Applied Monetary Policy and PracticeNon-Standard Number credits
PR: Economics 204 or 209 and Economics 206 or 208; and Economics 305 or 331 and Economics 210 or Math 301 with a grade of C or better in each class or instructor consent.
Students will learn how to forecast macroeconomic conditions. In doing so, students will examine how consumer and business practices affect, and are in turn affected by, the current conditions and outlook for the U.S. economy. Basic statistical skills necessary to forecast macroeconomic conditions will be taught. Students will analyze how the government's monetary policy practices and government decision-making is based on such macroeconomic forecasts. As a team, the students will present a recommended macroeconomic policy to a board of economists at the Chicago Federal Reserve Bank. Prerequisites: Economics 204 or 209 and Economics 206 or 208; and Economics 305 or 331 and Economics 210 or Math 301 with a grade of C or better in each class Admitted Business majors; Admitted Econ Bus majors, Econ COLS majors & minors. All other students can take up to 21 credits of 300/400 level College of Business department courses, provided they have completed 60 credits with a combined GPA of 2.5 or instructor consent.
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