Applies the analytical tools from AP/ECON 2400 3.00 to analyze the problems of inflation, unemployment, and government deficits, focusing on the role of expectations. Introduces open economy issues under fixed and flexible exchange rates.
Prerequisites: AP/ECON 2400 3.00 or equivalent.
Course Credit Exclusions: GL/ECON 3240 6.00, SB/ECON 2000 3.00.
Prior to Fall2009: Course credit exclusions: AK/AS/ECON 2450 3.00, AK/ECON 2400 6.00 (prior to Summer 1983), AK/ECON 3310 3.00 (prior to Summer 1995), GL/ECON 3240 6.00.