INTRODUCTION TO MACROECONOMICS

Abstract

The course will cover via theory and basic economic reasoning, as well as contemporary applications and public policy debates current major U.S. domestic and international macroeconomics issues, including: the determination of income and output, inflation, and unemployment; the money supply, banking system, and the Federal Reserve; federal spending, taxation and deficits; and international trade, exchange rates, the balance of payments and globalization, and long-run population and economic growth.