Graduate status is required.
This course will present an indepth examination of the macroeconomy and the variables that effect the performance of our evolving economic system. The subject will be studied from a theoretical perspective that will allow the formulation and evaluation of governmental macroeconomic policies. The required text is Macroeconomics, 4th Edition by Hall and Taylor. The authors present an in-depth development of theory based on an integrated perspective of modern macroeconomic thought. Keynesian models, IS-LM analysis, rational expectations and monetary theory are all developed and critiqued from a public policy perspective.