Intermediate Macroeconomics

An examination of the major theories developed toyexplain the functioning of the macroeconomy andythe determination of national income in aymarket-oriented system. Students successfullyycompleting this course will be able to: 1)discussyboth the long run classical model andymacroeconomic growth theory; 2)describe variousymacroeconomic measurement techniques and issues;y3)explain the short run Keynesian model; 4)discussythe difficulties inherent in macroeconomicypolicy-making, both monetary and fiscal, andy5)understand the role of presidential leadershipyin economic policymaking. Prerequisite: Economicsy203. Offered alternate spring terms.