University of Illinois at Urbana-Champaign
Course Catalog (as of Mar 2001)
Economics

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ECON 403. Macroeconomic Theory, I

Development of modern macroeconomic theory, including national income accounts and their relation to input-output tables; classical, Keynesian, and monetarist aggregate models; behavior hypotheses of consumption, investment, and government; properties and the role of money and interest; foreign trade and investment; price rigidity, price flexibility, and employment; wage-price interaction and inflation; and ad hoc stabilization models.

Prerequisite: ECON 300 and ECON 301, or equivalent; calculus.
1 unit.