10457 Macroeconomics I
Credits: 2 intermediate credits in Economics
Authors: Arie Arnon, Joseph Zeira
The course acquaints the student with the fundamentals of economic theory that deal with an analysis of the activities of the national economy as a whole.
Topics: Basic concepts; national accounting; aggregate demand in a closed economy, equilibrium in the goods market and the IS curve; the money market: supply, demand and equilibrium in the money market and the LM curve; the quantity theory of money; general equilibrium in a closed economy, monetary and fiscal policy; the labor market, unemployment.