Course Code : 2952302
Course Credit : 4(4-0-8)
(Prerequisites: 2952101 PRIN ECON, 2952351 MATH ECON I)
MACRO THEO I
Course Description :
Basic concepts of macroeconomics; meaning of money and inflation, theory of money supply and demand; analysis of open economy under Mundell-Fleming model; labor market and unemployment, economic fluctuation and explanation of basic economic cycle; analysis of aggregate demand; analysis of aggregate demand in an open economy.
Instructor :
Assoc.Prof.Pornkamol Traiwittayanggoon, Ph.D.
What to expect?
- To use some basic mathematical tools (algebraic manipulations, solving simple equations, simple calculus, etc.)
- To use the frameworks developed in the course to analyse past and current macroeconomic issues.
- To feel more comfortable with the contents once students go through more course materials.
- To develop an ability to critically think like an economist by training.