Description
Instructor(s)/Supervisor(s)/Coordinator(s): Paul KITNEYThis course covers the basic theory of short run macroeconomics, as it has developed since Keynes. The basic framework will be the "IS-LM" equilibrium method, in which we analyze the major markets which affect the macroeconomy - labor, output, money and foreign exchange markets by studying positions of general equilibrium in them. This framework will be used to analyze fiscal and monetary policies. This is a core course for MBA.