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.

 
 
 

Course objectives:

  1. To understand and be able to explain the macroeconomic performance of the US economy through the analysis of real GDP, the inflation rate, and the unemployment rate;
  2. To understand and be able to explain how monetary, fiscal and other policy mixes may influence the macroeconomic performance of an economy;
  3. To develop a way of thinking about and understanding the economy.
  4. To improve communication skills by preparing and delivering oral presentations,
    managing speech anxiety, participating in in-class discussions and being able to critically analyze others’ presentations.
  5. To practice effective writing, delivering good quality information to the reader.

Syllabus Section 1

Syllabus Section 2