Academic Catalog

ECON502 MACROECONOMIC THEORY I

Course Code: 3110502
METU Credit (Theoretical-Laboratory hours/week): 4(4-0)
ECTS Credit: 10.0
Department: Economics
Language of Instruction: English
Level of Study: Graduate
Course Coordinator: Prof.Dr. DÜRDANE ÞÝRÝN SARAÇOÐLU
Offered Semester: Fall Semesters.

Course Content

Analytical treatment of the Classical, Keynesian and Tobin's dynamic aggregative models; reduced forms, impact multipliers and basic notions of stability analysis; implications of different money regimes and alternative definitions of disposable income; rapid review of the theories of inflation and unemployment are discussed in this course.