ECO111 — Macroeconomics

3 credits · 3 hours

Analyses of the determinants of aggregate income, output, employment and price level under various market conditions. Includes national income and product accounts, consumption and investment theory, government stabilization via fiscal and monetary policy, macroeconomic impact of international trade and finance, and inflation/unemployment trade-off controversies. 3 lecture hours

Prerequisites: ENG101, MAT146