Macroeconomics for International and Pub

Prerequisite: SIPA U6300. This course continues the one-year sequence initiated with SIPA U6300 and focuses on macroeconomics. The goal of this course is to provide you with the analytical framework to examine and interpret observed economic events in the global economy. We will first familiarize ourselves with the measurement of the macroeconomic variables used to evaluate nations' well-being. Next, we will build from microeconomic principles to clarify the causal links between macroeconomic aggregates. The subject matter will always refer to concrete situations with a particular focus on the causes and effects of the current global financial crisis. The controversial nature of macroeconomic policies will be central. Note: This course is not eligible to fulfill the core economics requirement for students in the IFEP concentration or DAQA specialization. This course may not be repeated under the SIPA U6400/01 sequence.