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Weng Chi Lei
ECON 301
Seattle Campus

Intermediate Macroeconomics

Analysis of the determinants of the aggregate level of employment, output, prices, and income of an economy. Policy issues and applications with special reference to current monetary and fiscal policy. Prerequisite: 2.0 in ECON 201; 2.0 in ECON 300. Offered: AWSpS.

Class description

This course focuses on modern macroeconomic theory that explains the determination of aggregate output and price level, unemployment and inflation, and economic growth in different time frames - the short run, the medium run and the long run. In the last part of the course, the closed economy assumption is relaxed so that the international economy can be analyzed. Throughout the course, current macroeconomic events are discussed in order to connect the classroom with the real world.

Student learning goals

General method of instruction

Recommended preparation

Class assignments and grading


The information above is intended to be helpful in choosing courses. Because the instructor may further develop his/her plans for this course, its characteristics are subject to change without notice. In most cases, the official course syllabus will be distributed on the first day of class.
Last Update by Weng Chi Lei
Date: 09/26/2009