EE 412 Macroeconomic Analysis

3 (3-0-6)

Prerequisite: EE 312 and EE320 (or EE421)

Macroeconomic theory with an emphasis on utilizing mathematical tools to analyze economic issues, such as general equilibrium and welfare in resources allocation in modern macroeconomics, and long-term growth issues, analytical framework for growth and short-term fluctuations in economy, theoretical and empirical. The role of government in economy, basic concepts of social security, the role of money in the economy and its impact on the business cycle, rational expectations, macroeconomic policy framework, the problem of consistency and reliability in implementing macroeconomic policies, economic system rigidities, implications of macroeconomic policies in solving economic problems and modern modeling concepts for macroeconomic policy analysis.