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ECON1102 Macroeconomics 1
Macroeconomics is the study of how the economy functions as a whole. It pays particular attention to issues like unemployment, inflation, and interest rates, as well as how much is saved and invested, the exchange rate, and the current account and balance of payments. The course creates a consistent model of the economy in order to examine how important macroeconomic markets and variables interact, how various types of shocks affect the economy, and how the government's monetary policy and budgetary decisions affect the level of economic activity
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