Specific objectives are to introduce students to the concepts and theories of contemporary policies in macroeconomics so that they can understand and interpret the policy background to modern business. After discussing the question as to why economists never seem to agree over macroeconomics, the course covers such topics as causes of the subprime crisis and why it should have been anticipated, whether GDP per head is a good measure of welfare, the implications of income inequality for macroeconomic policy and the implications of behavioral economics for macroeconomic policy