Students learn the "economic way of thinking" in this course. We will introduce the ways economists look at economy from an “aggregate” perspective. The course starts by introducing key macro variables that measure aggregate economic performance. The relationship among these key variables will then be studied in the goods, money, and labor markets in closed and open economies. The theoretical framework presented in this course will enable non-SBM students to predict and analyze the impacts of government fiscal and monetary policies on the economy.