This unit will focus on the policy and practice of macroeconomics and will focus on understanding the business cycle in the short run. Topics will cover the theory of consumption, saving & investment in closed & open economies, monetary policy and aggregate demand, the Phillips curve & aggregate supply, aggregate demand & supply analysis, the role of expectations, fiscal policy, exchange rates and international economic policy. -- Course Website
Prerequisites: 1234 (v.4)<br/> Economics 100<br/> <br/> or any previous version