A study of extensions and refinements of the static model of national income determination with particular emphasis upon the theories of aggregate consumption, investment, and the demand and supply of money. Dynamic analysis is used to study the determinants of the rates of inflation and of economic growth and to evaluate macroeconomic policies designed to influence these variables. Prerequisites EC290. Co-requisites Registration in Honours Economics, Honours Applied Economics or General Economics or permission of the department. Exclusions EC243, EC340.
