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Econ 1A Macroeconomics

Time: TTh. 12:00 - 13:15
Location: DMH 160


Macroeconomics is the study of the economy as whole - including growth in income (standard of living), changes in prices (cost of living), and the rate of unemployment (business cycle). The objective of this course is to study a set of macroeconomics concepts and tools of analysis to help us to answer the following macroeconomic questions: 1. How does our economic system work? 2. Why is in the long run mainly a story of ups rather than downs? 3. Why are there ups and downs in the economy?