People Innovation Excellence
 

MACROECONOMICS (4 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: Explain Ten Principles of Economics, Thinking Like an Economist, Interdependence and the Gains from Trade; Calculate International Trade, Elasticity, Consumers, Producers, and the Efficiency of Markets, The Costs of Taxation, a Nation’s Income, the Cost of Living; Combine earning and discrimination, income and growth, production and growth; Analyze the monetary and Fiscal tools, monetary and fiscal policy, and open-economy macroeconomics; Estimate demand and supply, debates over macroeconomics policy.

Topics:

  1. Open-Economy Macroeconomics: Basic Concepts;
  2. Demand and Aggregate Supply;
  3. Thinking Like an Economist;
  4. Interdependence and the Gains from Trade;
  5. Application: International Trade;
  6. The Market Forces of Supply and Demand;
  7. Supply, Demand, and Government Policies;
  8. Elasticity;
  9. Elasticity and Its Application;
  10. Consumers, Producers, and the Efficiency of Markets;
  11. Applications: The Costs of Taxation;
  12. Measuring a Nation’s Income;
  13. Measuring the Cost of Living;
  14. Earnings and Discrimination;
  15. Income Inequality and Poverty;
  16. Production and Growth;
  17. Saving, Investment and the Financial;
  18. The Basic Tools of Finance;
  19. The Monetary System;
  20. The Influence of Monetary and Fiscal Policy on Aggregate Demand;
  21. Open-Economy Macroeconomics: Basic Concepts;
  22. Unemployment;
  23. The Short-run Trade-off Between Inflation and Unemployment;
  24. Ten Principles of Economics;
  25. Six Debates over Macroeconomic Policy.

Published at : Updated

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