ECON 302 - Macroeconomic Theory

 

This course is intended to provide you with a rigorous analysis of macroeconomic theory, by briefly reviewing the basics of the macroeconomy (topics such as GDP and in inflation), and focusing more on the long-run models and an in-depth analysis of short-run models, before finally looking at modern macroeconomic models of the economy. Combining these models with the understanding of the underlying economic concepts, allows us to analyze various policy prescriptions and their consequences. By the end of the course, students will have a much deeper understanding of the inner workings of the macroeconomy.

The course uses mathematical techniques (algebra and statistics) extensively to characterize the behavior of households and firms and how combinations of markets interact in macroeconomic models.

Term Offered
Each spring

Repeatable
No

Additional Notes
Previous course number: ECON 106

Course credits: 4