Fall 2003

ECO 320L • MACROECONOMIC THEORY

Course Description

Macroeconomic theory is the study of the behavior of large collections of economic agents. It focuses on the aggregate behavior of consumers and firms, the behavior of governments and the effects of fiscal and monetary policy. This course will be devoted to studying aggregate variables in the economy and constructing models to understand the interaction between these variables and to analyze the effect of government policy on these variables.

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