Course Objective: An introduction to macroeconomic theory with special reference to the Canadian economy.

 

Co-requisites: Eng 098 and Math 100. Students are advised to have completed Economics 103 also.

 

Hours of Instruction: Three lecture hours and one problem solving hour per week.

 

Topics include:

Aggregate measures - GDP, price indexes, real vs nominal.
Circular flow model, use of savings equation
The labor market, unemployment, Okun's Law
Capital market, investment and savings equilibrium
Balance of Payments
Long run growth
IS/LM Model
Classical vs Keynesian theories
Unemployment and inflation tradeoffs
Monetary and Fiscal

 

Abel, Bernanke and Smith Macroeconomics, Canadian ed., Addison-Wesley, 1995.

 

Quizes (4) 10% each
Midterm 25%
Final 35%

 

Stéphane Deseau, M.Econ. ( Maine, France), M.Sc. ( Quebec)
Cheryl Fu, B.A. ( Beijing), M.A. (Simon Fraser), Ph.D. candidate
Paul Geddes, B.A. ( Claremont), M.A. (Carleton)
Fatin Jallad, B.A., B.Sc. ( Portland), M.Sc. ( New Mexico), M.Sc. ( Arizona)
Susana Leung, B.B.A., M.A. (Simon Fraser)