Academic Catalog


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. DRDANE RN SARAOLU
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.