Macroeconomic Theory

Catalog description

Credits 3. 3 Lecture Hours. Analysis of the determinants of national income, employment and prices in modern macroeconomic theory; models of long-run growth, short-run fluctuations and policy responses; examines aggregate demand and supply frameworks and the role of expectations in shaping economic outcomes; explores how monetary and fiscal policy influence inflation, output and stability across business cycles; emphasizes the use of theoretical and empirical tools to interpret macroeconomic data and evaluate policy. Prerequisite: Grade of C or better in ECON 203 .