ECON 2491

Canadian Macroeconomic Policy utilizes the principles of macroeconomics to examine current macroeconomic policy issues. A variety of issues such as the cost of inflation and unemployment, the causes and effects of the government deficit and debt, the relationship between inflation, interest rates, and the exchange rate, and the macroeconomic effects of free trade agreements will be examined. Recent monetary, fiscal, and exchange rate policies will be discussed thoroughly. Practical applications of basic macroeconomic theory will be stressed in this course.