Fundamentals of macroeconomic theory including the basic concepts of national income, determination of aggregate production and employment, and the effects of monetary and fiscal policies. Prerequisite to advanced courses in economics.

This course introduces students to the foundations of macroeconomics with an emphasis on the tools used in economic analysis. Students will learn how macroeconomic data is constructed and how to interpret it. Students will also use graphical tools to understand some basic macroeconomic theories and analyze how policy changes impact the macroeconomy. A final group project involves using the skills and tools learned in the class to analyze the macroeconomy of a selected country.