Academic Catalog

ECON202 MACROECONOMIC THEORY I

Course Code:	3110202
METU Credit (Theoretical-Laboratory hours/week):	4(3-2)
ECTS Credit:	7.0
Department:	Economics
Language of Instruction:	English
Level of Study:	Undergraduate
Course Coordinator:	Prof.Dr. DÜRDANE ÞÝRÝN SARAÇOÐLU
Offered Semester:	Fall and Spring Semesters.
Prerequisite:	Set 1: 3110210 Set 2: 3110212 Set 3: 1210234 Set 4: 3110102 Set 5: 3110122
One of the sets above should be completed before taking ECON202 MACROECONOMIC THEORY I .

Course Content

Measurement of economic activity; national income accounting; determination of the level of economic activity; the `Classical` and `Modern` theories of income and employment; general equilibrium of product and money markets; impact of international trade fluctuations and growth in economic activity; aggregate income distribution.