Intermediate Macroeconomics

3 ch (3C) · Undergraduate

This course develops material from ECON 1023. Applications of macroeconomic theory are emphasized. It focuses on inflation, the determinants of interest rates and exchange rates, standard macroeconomic models of closed and open economies, and short run fluctuations of macroeconomic variables such as unemployment and output. Alternative stabilization policies are evaluated with reference to the Canadian economy.