Course No: ECON.3040-045; SIS Class Nbr: 1763; SIS Term: 3040
Course Status: Open
Building on Principles of Macroeconomics (ECON.2020), this course studies goods markets and money markets in further detail. Emphasis is placed on aggregate labor markets and also on the relationship between inflation, unemployment, and aggregate output. These topics are contextualized in order to examine aggregate economic developments in the short, medium, and long run. Optimal monetary and fiscal policies are examined against this background. Select additional topics are covered, such as the basics of open-economy macroeconomics. This course meets the Essential Learning Outcome of Critical Thinking and Problem Solving (CTPS) as defined under the Core Curriculum requirements.
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