Introduction to the theory of determination of total or aggregate income, employment, output, price levels, and the role of money in the economy. Primary emphasis on monetary and fiscal policy, inflation, unemployment, economic growth, and international economics. 3 undergraduate credit hours
You may take ECON 103 before ECON 102. There is no prerequisite. Students must register for one quiz and one lecture section.
This course satisfies the General Education Criteria: UIUC Social Sciences course.
Faculty Teaching the Course:
This course is taught by the below faculty~ you may click on their name to view their website with additional information. Please check the Course Explorer or Enterprise/Self-Service to see what section they will be teaching (teaching schedules vary by semester).
Eric McDermott
Joe Petry
Past Course Syllabi:
The following syllabi are from past semesters and should only be used as a guide for the information covered in the course and general structure of the course. The instructors have the right to change the course for upcoming semesters ~ please refer to the syllabus they distribute the first day of class.
Econ 103 Macroeconomic Principles Eric McDermott Past Syllabus
View the Course Explorer:
See when the course is offered in upcoming semesters and all the section details:
https://courses.illinois.edu/schedule/terms/ECON/103
Section Information:
- AL1 or AL2 Lecture MUST be paired with an AQ Discussion (Quiz) Section, and they must be added at the same time when registering. This is in-class for both the lecture twice per week and the discussion.
- No overrides will be provided (sections are not restricted; we do not provide overrides for full sections).
Restrictions will be lifted after priority registration so all students may register for any open seats. No overrides will be provided (students should contact the LLC if they are having problems with registration to ensure they have the student attribute).