2012-2013 Academic Catalog 
    
    Nov 21, 2024  
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2012-2013 Academic Catalog [ARCHIVED CATALOG]

ECON 304 - Macroeconomics II- Business Cycles

This course introduces real business-cycle theory as well as monetary models and business cycle theory with nominal rigidities in a closed economy setting.  The course also presents the microeconomic foundations of nominal rigidities, the demand for money and the effect of monetary policy and dynamic inconsistency.

Prerequisites: ECON 303 
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