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Introduction to Macroeconomics

X3 (3 semester units in Economics)

This course introduces basic concepts and tools used in macroeconomic analysis: the theory, measurement, and determination of national income; business cycles; the multiplier; fiscal policy, budget deficits, and the national debt; aggregate supply and aggregate demand; money, banking, and monetary policy; exchange rates and balance of payments accounts; and stabilization policy for unemployment and inflation. Courses X2 and X3 may be taken concurrently; neither is prerequisite to the other.

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Tues. June 17, Berkeley

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