Macroeconomic Theory And Policy (2nd Edition) notes

Advanced topics in macro-economics with an emphasis on the theoretical understanding and the applications to forecasting cyclical and dynamic movements in the economy. The course covers calculus-based derivations of basic equilibrium models for the aggregate supply and demand curves, as well as deconstructing the primary drivers of monetary and fiscal policy with respect to the equilibrium model. Coverage includes discussion on the following topics at great length: - Product market equation...

Supply and demand are fundamental concepts in economics that describe how the price and quantity of goods or services are determined in a market.

Supply and demand are fundamental concepts in economics that describe how the price and quantity of goods or services are determined in a market.

Advanced topics in macro-economics with an emphasis on the theoretical understanding and the applications to forecasting cyclical and dynamic movements in the economy. The course covers calculus-based derivations of basic equilibrium models for the aggregate supply and demand curves, as well as deconstructing the primary drivers of monetary and fiscal policy with respect to the equilibrium model. Coverage includes discussion on the following topics at great length: - Product market equation...