This course will cover intermediate level treatment of macroeconomic models. We will revisit macroeconomic topics such as unemployment, inflation, business cycles, economic growth, fiscal policy and monetary policy. The concepts and models introduced in this course will provide you with tools to analyze the behavior of an economy in the short, medium and long run.
After taking this course, students will be able to:
identify the factors that determine long-term economic growth.
explain the interactions between economic indicators such as unemployment and inflation rate.
illustrate how economy fluctuates in the short-term during a business cycle.
analyze the impacts of certain government policies (eg. fiscal and monetary policies) on the economy.
Spring 2023
Fall 2023