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) economic growth and economic development, (b) the principle of three-sided equivalence, (c) the concept of nominal and real value, (d) private consumption and savings, (e) fixd capital formation, (f) private inventory circulation, (g) financial market, (h) money demand and supply, and so on.