Academic Catalog

ECO439 MACROECONOMIC THEORY II

Course Code: 3520439
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator:
Offered Semester: Fall or Spring Semesters.
Prerequisite: Set 1: 3520202
The course set above should be completed before taking ECO439 MACROECONOMIC THEORY II .

Course Content

This course extends students understanding of macroeconomics.It discusses certain concepts and phenomena that are not covered in ECO 202(Intermediate Macroeconomics). It focuses on the determinants of consumption and investment, the real business-cycle theory, and the topics related to government spending and its financing. Following this theoretical background, the course also introduces contemporary discussions in macroeconomics, such as macroeconomic consequences of unconventional monetary policies, the link between unemployment and household credits, and the dynamics of the current international
monetary/financial system.