This course will teach macroeconomic theory and empirics using Barro's Intermediate Macroeconomics. We will touch on the macroeconomic aggregates, economic growth, models of the businesscycle, in ation and money, the government sector and taxation, exchange rates and trade, and money and banking. The course will top off with a discussion of the U.S. financial crisis. I encourage you to be engaged in class video sessions.

The purpose of this class is to give you a rigorous introduction to macroeconomic theory and empirics. We examine long-standing stylized facts about both long-run growth and short-run uctuations in macroeconomic aggregates through the focusing lens of theory. We study determinants of equilibrium in labor, consumption,investment, and money markets in particular. In doing so, we will also touch on money and banking and financial markets.

Is the following true, or false? Explain. "The Solow Growth model needs productivity to rise to explain an individual country's GDP/capita data over time, but can explain cross-country differences in GDP/capita using capital accumulation alone."