An extension of macroeconomic modeling to the dynamics of wage-price adjustment in the intermediate and long run, to the theoretical foundations of basic macroeconomic relationships, and to contemporary policy issues arising in relation to the business cycle and long- run growth. Precludes additional credit for ECON 2101, ECON 2103 (no longer offered). Prerequisite(s): ECON 2102 with a grade of C- or higher, ECON 1001 with a grade of C- or higher, and ECON 1401 and ECON 1402 with a grade of C- or higher, (or equivalent department-approved MATH course pair with a grade of C- or higher in each). Lectures three hours a week, tutorials one and a half hours a week.
An extension of macroeconomic modeling to the dynamics of wage-price adjustment in the intermediate and long run, to the theoretical foundations of basic macroeconomic relationships, and to contemporary policy issues arising in relation to the business cycle and long- run growth. Precludes additional credit for ECON 2101, ECON 2103 (no longer offered). Prerequisite(s): ECON 2102 with a grade of C- or higher, ECON 1001 with a grade of C- or higher, and ECON 1401 and ECON 1402 with a grade of C- or higher, (or equivalent department-approved MATH course pair with a grade of C- or higher in each). Lectures three hours a week, tutorials one and a half hours a week.
