Intermediate Macroeconomics
extends principles of macroeconomics and microeconomics by introducing more
comprehensive frameworks to deal with both theoretical and policy issues. The main analytical
frameworks used in this course are the AD-AS and IS-LM models. While particular focus will be
placed on mainstream economic theories (e.g. New Keynesianism and New Classicism) in order to
address economic issues in this course, non-mainstream economic theories will also be mentioned but
not examined in details. |