Econ. 1A Spring 2013
Time: MW (0506)12:00-13:15. (0708) 13:30-14:45
Location: (0506) DMH 166 (0708) DMH 358
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?