Macroeconomic Theory (Prerequisite: Principles of Economics II)

Description

This course examines how national income, employment, interest rates, exchange rates, inflation, and balance of payments are determined within a national economy and how these factors interrelate. It covers financial theory, business cycle fluctuations, economic growth, and fundamental theories of open macroeconomics, emphasizing the effects of macroeconomic policies and discussing recent macroeconomic issues in Korea and globally.