Example of the Difference

In an associate-level course in macroeconomics, you may focus on learning terms such as "money supply" and "planned economies" and concepts such as "supply side economics." You may learn to use the Business Indexto find articles written by professional economists on these subjects, and you may learn to question what they say and offer your own interpretations in writing.

On the other hand, in a bachelor-level course in Money and Banking, you may be asked to apply the field's methods and types of questions to analyze the strategies available to the Federal Reserve and offer opinions about the effect of those strategies on the money supply in the larger economy. You may be asked to apply time series data in order to explain the effect of supply side economics and predict future Federal Reserve strategies. You may be asked to write a research paper using information from many articles, books, and federal publications to support your own analysis.