This MBA course will introduce students to macroeconomics with an analysis of the aggregate outcomes of the decisions made by households, firms and policymakers.
We will study both short-run business cycle fluctuations and longer-run secular trends in the aggregate economy. Topics covered will include the aggregate labor market, the behavior of consumption and investment, the determination of inflation and interest rates, and the implementation and effects of monetary and fiscal policy. The course will center the discussion of these topics around macroeconomic theories of the aggregate economy, and will frequently draw upon current economic and policy issues.
