ECON 205 Macroeconomic Theory I

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: 6, Prerequisite: (ECON 102 and MATH 105) or MATH 102 or MATH 114.

Autumn Semester (Seda Köymen Özer, Gülserim Özcan)

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