This class introduces the principles behind macroeconomics. . It follows the first semester class which introduced the principles of microeconomics. Concepts such as GDP, price indices, inflation, unemployment, monetary & fiscal policy, etc. will be examined. The class is taught completely in English. The presentation will be largely based on Mankiw’s text. Grades will be based on a midterm (35%), a final (40%), homework and quizzes (20%) and an e-mail question (5%).