
This is an introductory Macroeconomics course. Though I assume some students have taken Macroeconomics 1, none of its topics is prerequisite for this course. We will start with a brief review of basics of Macroeconomics that include the measurement of production, income, and expenditure of an economy. Then we will discuss production, growth, consumption, saving, and investment, and the determination thereof. After learning asset market, money, and prices, we will study the AD-AS model and Monetary and fiscal policy. Finally, the short-run tradeoff between unemployment and inflation will be discussed. Although this course requires some (very) basic mathematical knowledge, I will try not to make lectures technical, but rather intuitive.