ECON 205 Macroeconomics: Business Cycles
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This course is the first part of an intermediate level macroeconomics sequence. Besides the analysis of national income determination, inflation and unemployment, analysis of aggregate supply and growth theories will be introduced. Within the frameworks of basic business cycle models, demand side equilibrium, and the IS/LM models (including its open economy version) fiscal and monetary policy effectiveness will be studied.
Credit units: 3 ECTS Credit units: 5, Prerequisite:
ECON 206 and (ECON 225 or MATH 220 or MATH 223 or MATH 227 or MATH 241 or MATH 225).
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