Macroeconomic Theory I

This course takes students to the next level of macroeconomics after the introduction they would have obtained in the Principles course of the first year. The focus is on the three equation model (IS-Monetary Rule-Phillips Curve) and how that plays out in a closed and in an open economy. The analysis of business cycles is introduced.

Prerequisites: ECO-1001 (Introduction to Economics), ECO-1010 (Mathematics for Economists)