ECON 1202

The objective of this course is to introduce students to the basic principles of macroeconomics, i.e., the study of the economy as a whole and to show the relevance of these principles for an understanding of current macroeconomic issues. Topics include: measuring macroeconomic indicators (GDP, unemployment rate, price level), determinants of aggregate economic activity, money and banking, causes of economic fluctuations, stabilization policies (fiscal and monetary), international transactions and growth.