This course will introduce basic principles of Macroeconomics. Students can learn from this course of 1. how GDP is formed; 2. how a country can increase its GDP; 3. the relation between human capital and GDP; 4. how a government's fiscal policies and monetary policies affect the growth of GDP; 5. why unemployment and inflation are inevitable in any economy; 6. how to manage the unemployment rate within the socially acceptable range; and 7. the tradeoff between a reasonable inflation rate and unemployment rate.