Intermediate Macroeconomics

Catalog description

Macroeconomics is the study of aggregate economic activity. This course provides a comprehensive overview of macroeconomics. Students will study how economists model macroeconomic relationships and the theoretical debate over the nature of these relationships. The central ideas of macroeconomics are useful in understanding long-run economic growth and short-term economic fluctuations. In addition, students will learn about two main macroeconomic policy tools of the government — fiscal and monetary policy. Building on the theory of modern macroeconomics, this course evaluates the possibilities and limitations of government policy in dealing with business cycles, inflation, unemployment, and growth. Prerequisite: ECO 211 with a minimum grade C-. Liberal Arts Core Designation: Social Science (SS), Depth in Sciences (DSCI)