This course will teach students the basic tools of macroeconomics and apply them to real world economic policy. This course will provide an overview of macroeconomic issues including the determination of output, employment, unemployment, interest rates, inflation, growth theory and business cycles. Monetary and fiscal policies are discussed, as are public debt and international economic issues. It introduces the basic models of macroeconomics and illustrates principles with the experience of the United States and China. Grading: Projects 10%, Assignments 10%, Mid-Term Test 30%, Final 40%, attendance 10%.