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Econ. 1A Spring 2013

Time: MW (0506)12:00-13:15. (0708) 13:30-14:45
Location: (0506) DMH 166 (0708) DMH 358

Description

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?