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Syllabus for ECON 203 Aamir Hashmi

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redhorse12
19 Jan 2022
School
University of Calgary
Department
Economics
Course
ECON 203
Professor
Aamir Hashmi

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ECON 203 Full Course Notes
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ECON 203 Full Course Notes
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Document Summary

This is an introductory course in macroeconomics, which is the study of the economy as a whole. We shall start with some general principles of economics and then move on to topics specific to the study of. These topics will include the measurement of economic activity, and both the long- term and short-term equilibria of the economy. We shall discuss these equilibria in both closed and open economy settings. We shall also talk about the role of money and prices in the economy. The main objectives of this course are to introduce the students to the field of macroeconomics and lay the foundation for the two intermediate theory courses in macroeconomics (econ303 and econ359). After completing this course, students are expected to be familiar with the basic concepts of. They are also expected to know the concept of equilibrium and how the distinction between the short run and long run helps us better understand the working of the macro economy.

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Related Questions

Macroeconomics is best defined by which of the following statements?

A. Macroeconomics is the study of how the prices of individual goods are determined.
B. Macroeconomics is the study of how firms attempt to maximize profits.
C. Macroeconomics is the study of the behavior of the economy as a whole.
D. Macroeconomics is the study of individual households.

 

Macroeconomics differs from microeconomics in that:

a. Macroeconomics studies the behavior of individuals. 

b. Macroeconomics looks at the behavior of the economy as a whole. 

c. Macroeconomics focuses on the national economy and global economy. 

d. Macroeconomics studies the behavior of the government while microeconomics looks at private corporations.  

5) 5) The branch of economics that studies the economy as a whole is called A) normative economics. B) macroeconomics. C positive economics. D) Keynesian economics. E) microeconomics.