Macroeconomics studies aggregate indicators of the performance of an economy, most commonly measured in terms of GDP, unemployment rate and inflation rate; determination of aggregate income and employment, analysis of fiscal and monetary policy. This course involves theoretical analysis of national income, employment, and price-level determination; roles of consumer and investor demand, interest rates, money supply, and fiscal and monetary policy. We will also examine several economic models, each offering an insight into a certain aspect of economy.

ECON 1210, MATH 1210 or equivalent intro-level macroeconomics and first-year calculus course.