Taught in English. As of Spring 2017, this course is open to visiting (non-SU) students only. This course introduces students to the modern approach to macroeconomics and how to apply it to analyze issues such as: the determination of national income and price levels in the closed and open economy, the cause of economic growth, the source of unemployment, and the origin of business cycles. Emphasis on studying the impact of fiscal and monetary policies. This course uses the neoclassical economics as the benchmark, but also introduces Keynesian economics in discussing some market imperfections such as sticky wage and search in labor market. (TU# 30510763)
Class taught by Tsinghua’s School of Economics & Management and may not be available every semester. Tsinghua’s exam schedule for this course may require students to stay beyond the regular SU Beijing program end-date.
Registration restriction: Open to visiting (non-SU) students only.
Pre-req: Introductory macroeconomics course; high-level college math course strongly recommended.