Principles of Macroeconomics

3 credits · Undergraduate

Why are some countries rich and others poor? If high oil prices cause the loonie to rise, how are Ontario manufacturers affected? Why were mortgage interest rates above 20% in 1981 but below 5% in 2013? Macroeconomic analysis, which considers the behaviour of the entire economy, can answer questions like these. CALENDAR NOTES: ECON 1101.03 is not required before taking ECON 1102.03. ECON 1101.03 and ECON 1102.03 (together) satisfy the Principles of Economics requirement for Economics majors and for Bachelor of Commerce and Bachelor of Management students. FORMATS: Lecture