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Introduction to Macroeconomics

Lecture 1: We went over administrative details, production possibilities frontiers, budget constraints, specialization, and gains from trade.

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This course covers macroeconomics. Course 1A and 1B may be taken in either order. Analysis of the economy as a whole; determinants of the level of income, employment and prices; money and banking, economic fluctuations, international trade, economic development; the role of public policy.