Economics 120- Macroeconomics

Welcome Economics 120. Macroeconomics is the study of the large-scale variables we use to measure the economy, such as interest rates, inflation, unemployment, investment and many others. The aim of this class is to:

A relationship between two or more variables is called a "model". You can really think of a model as a story. The model makes predictions such as "when X goes up, we expect to see Y go down". This class will be an extended exercise in modelling macroeconomic variables- in macroeconomic story-telling.

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Notes from the DE Review Sessions for Autumn 2007

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