Browse Hierarchy ECN106: Macroeconomics I

The module is an introduction to macroeconomics. It addresses how goods, labour and financial markets interact to determine aggregate output, employment, interest rates and the price level. The topics covered include: definitions and measurement of aggregate variables, equilibrium on each market in isolation (partial equilibrium) and on all markets (general equilibrium) both in the short and in the medium run, the impact of fiscal and monetary policy on aggregate variables.