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Candler Library 124
Some basic questions we will try to answer in this course are: the meaning of gross domestic product, measurement of cost of living, determinants of the large variation in livingstandards, allocation of financial resources, long-run determinants of the unemployment rate, the long run behavior of money and prices,the relationship among saving, investment and the trade balance, the distinction between nominal and real exchange rates, how policymakerscan use the tools at their disposal to change the macroeconomic variables, and why policymakers who control aggregate demand face a trade-off between inflation and unemployment.
Required Textbooks, Articles, and Resources
- Principles of Macroeconomics. ISBN: 0324589999.5th Edition - South-Western College Pub.
The schedule of courses on O.P.U.S. is the official listing of courses, including days and times they meet and the General Education Requirements they satisfy. Students should use course descriptions as general guidelines. Course requirements, grading details, book lists, and syllabi are subject to change.