Summer 2009

ECO 320L • Macroeconomic Theory

Course Description

This course builds on the material presented in Introduction to Macroeconomics (ECO 304L)and the previous microeconomics courses (304K and 420K). Major theoretical concepts, analysis tools, and empirical regularities are explored By the end of the semester, students should be able to address three sets of questions. (1) What determines the performance of an economy (e.g., its growth rate, its unemployment rate)? (2) What are the likely consequences of various government policies (monetary policy, budget deficits, etc.)? (3) What are macroeconomists saying about current issues (e.g., globalization, public debt)?

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