Macroeconomic Theory I

This course takes the student to the next level of macroeconomics after the introduction s/he 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.

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