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EC 312 (2540) |
Course Title |
Credits |
Prerequisite |
Macroeconomics Theory |
3 |
a) EC 211 and EC 212 or b) EC 213 and EC 214 |
The model of joint equilibrium in product market, money market, and foreign exchange market (the IS-LM-BP model); Changes in equilibrium; Product market and labor market; The model of aggregate supply and aggregate demand in closed and open economies; Inflation, unemployment, and the Phillips curve; Economic stabilization policies; Growth theory, New Keynesian economics theory; the real business cycle theory; applications of macroeconomic theory to analyze economic situations. |
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