Macroeconomic Theory
4.0
creditsAverage Course Rating
The course provides a treatment of macroeconomic theory including a static analysis of the determination of output, employment, the price level, the rate of interest, and a dynamic analysis of growth, inflation, and business cycles. In addition, the use and effectiveness of monetary and fiscal policy to bring about full employment, price stability, and steady economic growth will be discussed. A grade of C or higher is recommended in Elements of Micro (AS 180.102) and Elements of Macro (AS 180.101) to take this course.