ECON 211 - Macroeconomic Theory

Credits: 3

Prerequisite: ECON 100, ECON 180, or ECON 180A; or both ECON 101 and ECON 102. This course develops the classical macroeconomic framework and uses this to explore the causes and consequences of economic growth, inflation, output, and employment. This same exercise is conducted using alternative theoretical frameworks, including those associated with Keynes, Monetarists, and New Classical thinkers. Emphasis is placed on investigating the impact and effectiveness of monetary and fiscal policy under each of the theoretical paradigms or schools of thought developed.