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ECON 243 B Macroeconomics Syllabus and Study Guide

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Introduction to Economics

Positive and Normative Statements

Introduction to Supply and Demand

The Basics of Demand

Shifting Demand

The Basics of Supply

Shifting Supply

Supply and Demand Together: Equilibrium, Shortage, and Surplus

Expenditure Approach for Measuring GDP

Labor Force and Unemployment

Who is Affected by Inflation?

Nominal Interest, Real Interest, and the Fisher Equation

Classical Model and Keynesian Model