Intermediate Macroeconomics Liberal Arts & Social Sciences Program Fall 2019 Semester - London

This module builds on Introduction to Macroeconomics (level 4). As such while some of the core material such as unemployment and inflation is repeated, it is done so at a higher ? intermediate ? level. This module, while describing the macroeconomic world around us, places far more emphasis on conveying the theoretical underpinnings for what is observed. At the same time new material not previously covered at an earlier level is introduced such as the IS-LM formulation and the distinction between the approach of New Keynesians and the New Classical school.