Intermediate Macro Syllabus 2008

Intermediate Macro Syllabus 2008 - ECON 1110 Syllabus...

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ECON 1110 Syllabus, Spring 2008 Intermediate Maroceconomics Professor Ted Temzelides Course Description Econ 1110 is an intermediate-level course in macroeconomics and the global economic environment. The aim of the course is to provide students with a set of tools to analyze macroeconomic issues. Particular attention is given to the interactions between the macroeconomy and financial markets. The course is comprised of three major parts: The first part develops the foundations. The key question here is: how do the major markets ( labor , capital , and goods markets) operate? These markets are first studied in isolation. The second part of the course puts them together and studies their interactions. The key issues here are: a) how do macroeconomic aggregates behave in “general equilibrium?” and b) how can macroeconomic policy affect these outcomes? The third part of the course is devoted to international macroeconomics and macroeconomic policy. The key questions here will be: a) how do macroeconomic aggregates, especially the exchange rate and the current account behave in an open economy? and b) how is the economy affected by fiscal and monetary policy? Web Page All materials for the class will be available online including lecture notes, problem sets and answer keys, and exam announcements. The web page for the course is: http://www.pitt.edu/~tedt/IMmain.html
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Intermediate Macro Syllabus 2008 - ECON 1110 Syllabus...

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