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Description:	The course aims to provide students with a toolkit, consisting of the basics of current macroeconomic theory, for analysing and explaining what happens to aggregate economic variables such as unemployment and inflation. National income determination and fluctuations and the role of money, banking and monetary theory are also discussed  A certain emphasis will be placed on the role of policy makers, and the implications of their policy choices for the evolution of aggregate economic variables.
Topics:	National Accounts. Balance of Payments. Aggregate Demand and Income. IS-LM Model. Mundell-Fleming Model. Aggregate Supply and Inflation. Aggregate Demand and Aggregate Supply. Money and Monetary Policy. Monetary and Fiscal Policies. Financial System Structure. Information Asymmetry and Financial Institutions.
Teaching:	42 hours during first semester