ECON102 - Intermediate Macroeconomics SMU (Offered in 2016-17, T1)

This course aims to provide you with a deep understanding of macroeconomic policy issues such as the impact of tax cuts on the economy, the design of a social security system or an unemployment insurance scheme, and the conduct of monetary policy, as well as macroeconomic phenomena such as business cycles, growth and development. To that aim students will be introduced to modern macroeconomic theory which requires getting ourselves familiar with formal macroeconomic models built on microfoundations. We will then use these newly acquired tools to make sense of macroeconomic events, as well as analyze carefully the impact of some macroeconomic policies on the economy and their welfare implications.

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