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This course covers the theory of economic fluctuations and growth. The first half of the course centers on the theory of economic fluctuations, including the study of inflation and unemployment, dynamic interaction of the product, financial, and labor markets, the Phillips Curve and the Nairu, monetary and fiscal policies.  The second half of the course covers classical, Keynesian, and neoclassical theories of economic growth, technical change, and endogenous growth theory. Those topics will be studied and illustrated with respect to major areas of the world economy, such as US, Euro-area, Asia and Latin America.