You will learn how domestic product, unemployment, and inflation are measured. You will also learn how national income and the price level are determined and how stabilization policies can affect them. This course will also explore the dynamics of inflation and the problem of stagflation. Orders are shipped via UPS, so please include a street address.
Overseas students are encouraged to request airmail shipment.
Since changes in edition can take place, students are advised to wait and purchase texts after enrolling in the course and receiving the course study guide. N. Gregory Mankiw. Worth Publishers, 1994. There are six written assignments. In this course, up to two assignments may be submitted per week.