Economics provides a way of developing orderly and systematic tools for examining many kinds of national and international problems. Macroeconomic issues make the news every day. Whether the news relate to interest rates, unemployment, inflation, recession or the exchange rate of the Canadian dollar against other currencies, the issues affect us all. This course introduces the theoretical models that are essential to understand aggregate Canadian production and spending, how the government conducts fiscal and monetary policies to achieve key economic objectives, and fluctuations in business activity.