Course Description

In this course, we will study the fundamental mechanism of macro economy with reference to Mankiw's text book ‘Principles of Economics (Macro)’. This course includes (a) savings, investment and financial system, (b) unemployment, (c) monetary system and the role of central banks, (d) foreign exchange, (e) total demand and total supply, (f) financial policy and monetary policy, (g) trade-off between inflation rate and unemployment rate