Intermediate Macroeconomics

Volledige vakbeschrijving

In this course we discuss how national income, employment, and prices are determined. We study long-run economic growth as well as short-run fluctuations in economic activity, unemployment, and inflation. We then analyse tools of fiscal and monetary policies. Throughout this course economic data is tightly woven into the discussion of economic theory. By the end of this course we are able to critically assess and contribute to discussions on current economic issues and give an educated assessment on economic commentary, analyses, or policy proposals (for example in publications such as the The Wall Street Journal or The Economist).