Intermediate Macroeconomic Theory

Macroeconomics tries to explain how and why the economy grows and fluctuates over time using basic principles of economic analysis. This course is designed to provide a more detailed examination of the macroeconomic theories and issues introduced in Eco 200. There are six objectives in this course:

1. it provides an indepth analysis of the measurement of economic performance and aggregate economic activity,
2. economic growth and government policies will be discussed,
3. an examination of the causes and consequences of inflation and unemployment will be provided,
4. the aggregate demand and supply and IS-LM models will be developed,
5. the microfoundations of macroeconomic behavior will be analyzed, and
6. macroeconomic problems of open-economy and macroeconomic policy issues will be addressed.

Prerequisite: Eco 101, 200