Intermediate Macroeconomics I

Three credits · Undergraduate

This is the first of a two-course sequence on intermediate macroeconomics. Students will learn the structure and behaviour of contemporary national economies with an emphasis on the policies developed to gear them towards the public interest. This course focuses on the Keynesian and classical models of the closed economy for explaining what determines national income, employment, unemployment, prices, inflation, and the interest rate. Prerequisites: ECON 101, 102. Three credits.