Courses: Intermediate Macroeconomic Analysis (ECONH302B01)
Analysis of the behavior of aggregate economic variables such as GDP, inflation, unemployment, interest rates, and the budget and trade deficits. Structured around the development of a New Keynesian/Neoclassical general equilibrium model which relates the markets for goods, money, and labor. Specific topics include: determinants of the business cycle, effects of fiscal and monetary policies, supply shocks, inflationary expectations.
Prerequisites: Econ 105 or 106 and one other Econ course and Math 114.
Fulfills: SO I
Haverford, Stokes 010