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Course Description

The aim of this course is to provide a comprehensive study of dynamic macroeconomic models. Topics include the stylized facts of business cycles, the two-period model, credit market frictions and social security, money and business cycles, and international macroeconomics. The effect of economic shocks and fiscal and monetary policy changes will be examined in the context of both closed and open economies.

Notes

On-campus exam requirement: Your final exam (and your midterm exam for Fall and Winter Terms) will be written in person at the Toronto Metropolitan University campus. If you live more than 100 km from the TMU campus, you may arrange to write your exam off-campus using an approved off-campus invigilation service. Details on your exam date and how to arrange off-campus invigilation can be found on the Exams for Online Courses webpage.

Scheduling Note (online sections): This course will require you to be online for live lectures every week at the scheduled times. Please review the details of the section for scheduled times. More information will be included in your course outline, which will be available on the first day of class.

Requisites

Prerequisite: CECN 301

Relevant Programs

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Course Sections
Class Number
6019
Type
LEC
Days
M
Time
6:30PM to 9:30PM
Dates
Jan 12, 2026 to Apr 13, 2026
Type
LEC
Days
F
Time
7:30PM to 8:30PM
Dates
Jan 16, 2026 to Apr 10, 2026
Schedule
Contact Hours
50.0
Location
  • Online
Delivery Options
online  
Fees
Domestic Fee non-credit $574.08 Click here to get more information
Domestic Out of Province Fee non-credit $0.00 Click here to get more information
International Fee non-credit $0.00 Click here to get more information
Class Number
1168
Type
LEC
Days
T, Th
Time
6:00PM to 10:00PM
Dates
Jun 23, 2026 to Aug 04, 2026
Schedule
Contact Hours
52.0
Location
  • Online
Delivery Options
online  
Fees
Domestic Fee non-credit $574.08 Click here to get more information
Domestic Out of Province Fee non-credit $0.00 Click here to get more information
International Fee non-credit $0.00 Click here to get more information