ECO 316 Macroeconomic Theory

This course allows the student an opportunity to develop a thorough understanding of the macroeconomy through an analysis of the effects of fiscal and monetary policy on aggregate output, interest rates, the price level, and inflation in the domestic economy and abroad. Special emphasis is placed on recent U.S. experience with inflation and unemployment, and several new proposals designed to counter cyclical behavior and stagnant growth in the mature U.S. economy. PREREQUISITE(S): ECO201, ECO202