Biyan Tang

Survey of introductory macroeconomics with focus on economic growth, unemployment, and inflation. Topics covered include national income accounting, inflation, unemployment, fiscal policy, money, the banking system, and monetary policy. Balance of payments and currency exchange rate issues are analyzed. Cross-listed as PST 232

Survey of introductory macroeconomics with focus on economic growth, unemployment, and inflation. Topics covered include national income accounting, inflation, unemployment, fiscal policy, money, the banking system, and monetary policy. Balance of payments and currency exchange rate issues are analyzed. Cross-listed as PST 232

A one-semester course in contemporary intermediate macro theory. Covers issues in economic growth, unemployment, and inflation. Develops and contrasts the New Classical (equilibrium) and Neo-Keynesian (disequilibrium) models in the aggregate demand/aggregate supply framework for both closed and open economies. Policy implications of each model are discussed. Introduces students to sources of macroeconomic data.