EE 212 Principles of Macroeconomics

3 (3-0-6)

(Exclusively for economics major students or students who plan to transfer to the economics major)

Indicators, goals, and problems in macroeconomics. Determination of national income, theories of aggregate consumption and aggregate investment, the accelerator principle, money markets, the theory of supply and demand for money, the joint quilibrium model of product and money markets (IS-LM model), the balance of payments, and fiscal and monetary policies as means to stabilize an economy, as well as applications of macroeconomic theory to analyze Thai economic conditions.