spContent=This course provides topics regarding the economy as a whole. It offers a balance between short-run and long-run issues in macroeconomics. It covers both short-run topics, such as the business cycle, short-run effects of fiscal and monetary policy, and long-run topics, such as econimic growth, persistent inflation, long-run effects of fiscal and monetary policy. This course integrates the insights of Keynesian and Classical theories. Although the Keynesian economics provides foundation for much of our current understanding of economic fluctuations, it is important to remember that classical economics provides the right answers to many fundamental questions. Finally, this course emphasizes that macroeconomics is an empirical discipline motivated and guided by a wide array of experience.