ECO425H1: Business Cycles

Hours: 
24L/12T

This course builds on material covered in ECO208Y1. Students will learn how to use business cycle models to better understand key empirical features of the macroeconomy. Topics covered include: the financial crisis, monetary policy, fiscal policy, theories of unemployment, and the effects of innovation on economic fluctuations, the Great Depression and the Financial Crisis.

Prerequisite: 

ECO200Y1/​ECO204Y1/​ECO206Y1; ECO202Y1/​ECO208Y1/​ECO209Y1; ECO220Y1/​ ECO227Y1/​ (STA237H1, STA238H1)/ (STA247H1, STA248H1)/ (STA257H1, STA261H1); at least 1.0 FCE in ECO at the 300+ level.

Corequisite: 
Distribution Requirements: 
Social Science
Breadth Requirements: 
Society and its Institutions (3)