The course Macroeconomics 4 provides students an overview of short-term and medium-term macroeconomics. It explains the foundations of modern macroeconomics using simple theoretical models. At the end of this course, students will be able to analyze and critically evaluate the fundamental relationships between output, inflation and unemployment. Students will be able to determine the impact of fiscal and monetary policies on the macroeconomy, both within a closed and open economy.
- Leraar: Michael Brei