This module introduces capital accumulation as a source of economic growth. You will study the basic Solow model and examine the Golden Rule level of capital. These ideas provide a framework for analyzing how capital accumulation relates to long-run economic outcomes.

This module extends the study of economic growth to population growth and technological progress. You will examine how each enters the Solow model and consider endogenous growth theory as an approach beyond the Solow framework. The module connects these factors to the broader analysis of long-run economic growth.

This module connects theories of economic growth with empirical evidence and policy. You will move from growth theory to growth empirics, examine how sources of economic growth are accounted for, and consider policies intended to promote growth. By the end of the module, you will be able to relate growth concepts to empirical analysis and policy questions.

This module introduces short-run economic fluctuations and the business cycle. You will examine different time horizons in macroeconomics along with aggregate demand, aggregate supply, and stabilization policy. These concepts establish a framework for analyzing short-run changes in economic activity.

This module develops the IS-LM model of aggregate demand. You will examine the goods market and construct the IS curve, then examine the money market and the LM curve. You will bring the two components together to characterize short-run equilibrium.

This module applies the IS-LM model to the analysis of economic fluctuations. You will examine how the model explains fluctuations and how it serves as a theory of aggregate demand. The module also applies this framework to the Great Depression.