ECO 102 - Principles of Macroeconomics

Course Objectives

The aim of this course is to develop an understanding of the aggregate macroeconomic variables suchas national income, growth, productivity, unemployment, inflation and economic fluctuations.

Course Description

We look at how these macro variables are defined and measured; identify the basic observed trends in related macro data; explore their causes and effects. We will also emphasize how they relate to each other and
their relevance to economic policy making. The latter half of the course will focus on the implications of an open economy context for these macroeconomic variables, through exploration of international
trade, capital flows, exchange rates and balance of payments.