This course is dedicated to the study of aggregate economic activity. First, the course examines the determinants of long run growth, and then addresses short run economic fluctuations. The course uses various models, including the Solow Growth Model, the IS-lM model, and the Aggregate Demand - Aggregate Supply model. The microeconomic foundations for macroeconomics are discussed, and current macroeconomic policy issues are debated. These issues are discussed within the context of both open and closed economies.
Lessons
40 @ 55 min (2.500 Att/wk)
Labs
0 @ 0 min
Special requirements
One policy analysis and presentation (1000 words); compensatory time provided.