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ISL 244E - Macroeconomics

Course Objectives

Macroeconomics course will follow up on these micro foundations to develop an understanding of the aggregate economic variables such as national income, unemployment, inflation, savings, investment, productivity, economic fluctuations, growth and sustainability. We look at how these macro variables are defined and measured; identify the basic observed trends in related macroeconomic data; explore their causes and effects. The lectures will develop an analytical framework showing how these macroeconomic variables relate to one another 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 phenomena, through exploration of international trade, capital flows, exchange rates, balance of payments, economic fluctuations, sustainable growth and human development in the context of a globalized economy.

Course Description

This course is designed as a follow-up to the first-semester course titled Microeconomics.Macroeconomics course will follow up on the micro foundations to develop an understanding of the aggregate economic variables such as national income, unemployment, inflation, savings, investment, productivity, economic fluctuations, growth and sustainability.

Course Coordinator
Ahmet Atıl Aşıcı
Course Language
English
 
 
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