New Courses & Special Topics 2023/2024

ECO352H5S

Special Topics: Macroeconomics and Psychology 

Course Description:

Why don’t wages fall in a recession? Why is trust important for the banking sector? Why are there bubbles in the stock market and in the housing market? In this course we combine insights from psychology and apply them to macroeconomic questions. In the first half of the course we will study a number of psychological insights. This will serve as a gentle introduction to behavioral economics. In the second half of the course we will apply these concepts to some economic questions. The focus is on topics that are traditionally macroeconomic in nature: central banking, unemployment, inflation, and saving.

Pre-requisites:   

[ECO101H5 (63%) and ECO102H5 (63%)] or ECO100Y5(63%), MAT133Y5 (63%) or ( MAT135H5 and MAT136H5) or MAT135Y5 or MAT137Y5, ECO200Y5 or ECO204Y5 or ECO206Y5

Questions? Contact the Economics Undergraduate Advisor: advisor.utmeconomics@utoronto.ca