Macroeconomics

Catalog description

or 3.00. Investigation of the causes of macroeconomic fluctuations in the economy. Looks at changes in inflation, unemployment, real output, interest rates, and exchange rates, and explores why they occur, what their effects are, and what, if any, role government should play in dealing with these problems. A mixture of theory and case studies with reference to historical case studies. Current macroeconomic problems will be discussed with a focus on the international aspects of macroeconomic problems. Typically offered Fall Spring. Course Learning Outcomes 1. Predict the macroeconomic impact of fiscal and monetary policies using the mathematical IS/LM models. 2. Demonstrate an understanding of the interdependencies and complexities with respect to international trade of goods and services as well as capital flows. 3. Analyze the possible economic/social impacts of various policy proposals from a historic perspective. View Class Schedule