PUAD 5131

This course introduces the basic principles macroeconomics, appropriate to a graduate-level course in an inter-disciplinary program. It is also concerned with the use and application of macroeconomic theory and the relevance of this theory in economic decision-making in a market economy with a large public sector. In particular, this course places a special emphasis on the role of government in the economy and on the application of economic theory in policy analysis within the framework of the Canadian federation. Together with Managerial Economics, these two courses provide a unique blend of theoretical rigor, empirical relevance and sound policy applications.