Intermediate Macroeconomics

(4 Credits)

The course will cover a broad range of topics in macroeconomic theory, empirics and policy. Among the issues to be discussed are the business cycle theory, economic crises, economic growth, IS-LM model, open economy, inflation and unemployment, dynamic model of aggregate demand and supply, stabilization policy, government debt and budget deficits, money supply, central banking. The banking system: competition and stability, banking growth nexus, prudential regulation and the role of the financial sector in the macroeconomics model. Prerequisites: ECON-SHU 1 Principles of Macroeconomics or ECON-SHU 251 Economics of Global Business. Fulfillment: Economics required; Social Science Focus Political Economy 200 level course.