National income and labor market measurement. Business cycle facts and consideration of alternative explanations for business cycle phenomena. Development of Solow growth model, along with theories of endogenous growth and an examination of reasons for differences in growth rates across counties. General equilibrium description of firms and consumers in labor and product markets. Implementation of monetary and fiscal policy, and exploration of the impact of policy changes on the macroeconomy. The Friday "A" subsection is for SECTION 2 (Azariadis) ONLY. It is an opportunity to obtain additional course help via a TA-led review session. Attendance at the subsection is recommended, but not required. Prerequisites: Econ 1021 and Econ 4011.