| Course ID: | ECON 4020. 3 hours. |
| Course Title: | Intermediate Macroeconomics |
Course
Description: | Theories aimed at explaining observed levels of national income, unemployment, inflation, interest rates, and exchange rates, with critical evaluations of alternative domestic and international fiscal and monetary policies. |
| Oasis Title: | Intermediate Macroeconomics |
| Prerequisite: | (ECON 2106 or ECON 2106H or ECON 2106E) and (ECON 2105 or ECON 2105H or ECON 2105E) and (MATH 2200 or MATH 2250 or MATH 2250E or BUSN 4000 or BUSN 4000E) |
Semester Course
Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | The class focuses on the workings of the aggregate national economy, with particular
attention given to the determinants of national income. Many of the topics covered
in Macroeconomic Principles are studied in more depth. Important topics include
unemployment, inflation, interest rates and exchange rates. Domestic and
international fiscal and monetary policies are also discussed. |
| Topical Outline: | Introduction to Macroeconomics
Concepts and Measurements of Macroeconomic Activity
Classical Analysis
Goods Market
Asset Market and Investment
Aggregate Demand and IS-LM Analysis
Aggregate Supply
Money Demand and Money Supply
Unemployment and Inflation
Fiscal Policy
Rational Expectations and New Classical Analysis
New Keynesian Economics
Real Business Cycles |