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Graduate Course Proposal Form Submission Detail - ECO6206

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Current Status: Approved by SCNS - 2012-05-14
Campus: Tampa
Submission Type: Change
Course Change Information (for course changes only): There are four changes to be made to ECO 6206: 1. New course name: Macroeconomics I 2. New course prerequisite: ECO 6405 3. New course co-requiste: ECO 6115 4. Delete ECO 6402 as prerequisite as course is no longer offered
Comments: to GC 5/7/12 (for changes to Economics Program). Course appd 4/11/12, to USF Sys 4/11/12, to SCNS 4/18/12. SCNS appd eff 6/1/12

  1. Department and Contact Information

    Tracking Number Date & Time Submitted
    2643 2011-10-17
    Department College Budget Account Number
    Economics AS 1403-000
    Contact Person Phone Email
    Michael Loewy 8139746532

  2. Course Information

    Prefix Number Full Title
    ECO 6206 Aggregate Economics

    Is the course title variable? N
    Is a permit required for registration? N
    Are the credit hours variable? N
    Is this course repeatable?
    If repeatable, how many times? 0

    Credit Hours Section Type Grading Option
    3 C - Class Lecture (Primarily) R - Regular
    Abbreviated Title (30 characters maximum)
    Aggregate Economics
    Course Online? Percentage Online
    C - Face-to-face (0% online) 0


    ECO 3203 or ECO 6402


    Course Description

    Advanced macroeconomic analysis of income, employment, prices, interest rates and economic growth rates.

  3. Justification

    A. Please briefly explain why it is necessary and/or desirable to add this course.

    Needed for program/concentration/certificate change

    B. What is the need or demand for this course? (Indicate if this course is part of a required sequence in the major.) What other programs would this course service?


    a required course for MA and PhD students in Economics as well as PhD

    students in Business Administration, course enrollment is approximately

    30 students per year.

    C. Has this course been offered as Selected Topics/Experimental Topics course? If yes, how many times?

    D. What qualifications for training and/or experience are necessary to teach this course? (List minimum qualifications for the instructor.)

    A PhD in economics with a research interest in macroeconomics.

  4. Other Course Information

    A. Objectives

    1. To gain familiarity with dynamic stochastic general equilibrium models as they are used in macroeconomics.

    2. To learn the theoretical tools needed to analyze dynamic stochastic general equilibrium models.

    B. Learning Outcomes


    the conclusion of the course students will have learned

    1. How dynamic stochastic general equilibrium models are used in

    macroeconomics to study such issues as growth, business cycles,

    unemployment, and monetary economics.

    2. How to use dynamic programming techniques to solve dynamic

    stochastic general equilibrium models.

    C. Major Topics

    1. Fisherian model of intertemporal choice

    2. Models of exogenous and endogenous growth.

    3. Dynamic programming

    4. Models of business cycles

    5. Models of unemployment

    D. Textbooks

    E. Course Readings, Online Resources, and Other Purchases

    All readings for this course are available as downloads on Blackboard and/or as textbooks on reserve in the library. The main reading is "Notes on Macroeconomic Theory" by Steve Williamson which is made available through Blackboard.

    F. Student Expectations/Requirements and Grading Policy

    Ten problem sets each worth 4%; Two exams each worth 30%

    Grading distribution is A 83%

    G. Assignments, Exams and Tests

    See section above.

    H. Attendance Policy

    Course Attendance at First Class Meeting – Policy for Graduate Students: For structured courses, 6000 and above, the College/Campus Dean will set the first-day class attendance requirement. Check with the College for specific information. This policy is not applicable to courses in the following categories: Educational Outreach, Open University (TV), FEEDS Program, Community Experiential Learning (CEL), Cooperative Education Training, and courses that do not have regularly scheduled meeting days/times (such as, directed reading/research or study, individual research, thesis, dissertation, internship, practica, etc.). Students are responsible for dropping undesired courses in these categories by the 5th day of classes to avoid fee liability and academic penalty. (See USF Regulation – Registration - 4.0101,

    Attendance Policy for the Observance of Religious Days by Students: In accordance with Sections 1006.53 and 1001.74(10)(g) Florida Statutes and Board of Governors Regulation 6C-6.0115, the University of South Florida (University/USF) has established the following policy regarding religious observances: (

    In the event of an emergency, it may be necessary for USF to suspend normal operations. During this time, USF may opt to continue delivery of instruction through methods that include but are not limited to: Blackboard, Elluminate, Skype, and email messaging and/or an alternate schedule. It’s the responsibility of the student to monitor Blackboard site for each class for course specific communication, and the main USF, College, and department websites, emails, and MoBull messages for important general information.

    I. Policy on Make-up Work

    Students who fail to submit a problem set by the due date may request an extension should there be unforeseen circumstances that prevented a timely submission of work. The same policy applies to exams.

    Academic Dishonesty: See USF Policy on Academic Dishonesty and Disruption of Academic Process at Because of the University’s commitment to academic integrity, plagiarism or cheating on course work or on examinations will result in penalties that may include a grade of “F” for the specific exam or course work and a grade of “F” or “FF” for

    the course. Any incident of academic dishonesty will be reported to the Dean of the College. Definitions and punishment guidelines for Plagiarism, Cheating, and Student Disruption of the Academic Process may be found a the web address listed above.

    J. Program This Course Supports


  5. Course Concurrence Information


- if you have questions about any of these fields, please contact or