Introduction to Macroeconomics Syllabus
Learning Outcomes Courses :
After completing this course, students must be able to explain the concepts of national income, national income calculation, and simple national income balance analysis in a closed economy.
Furthermore, students must be able to explain how the economy fluctuates using the concept of gap inflationary and gap deflationary. Students are able to explain the concept of inflation and the causes of inflation. Students are able to explain the concept of unemployment with a simple concept of the labor market and are able to relate it to economic fluctuations.
This course leads students to understand the working of the macro economy with a framework of a simple macroeconomic model. Furthermore, with a simple model framework, this course enables students to understand and be able to explain macroeconomic policies to achieve growth goals, price stability and employment opportunities.