MACROECONOMICS (4 Credits)

Learning Outcomes:

On successful completion of this course, students will be able to: Analyze Economic Problem; Calculate Measuring GDP and economic growth as monitoring macroeconomic performance; Combine Combine macroeconomic trends; Estimate macroeconomic Policy; Analyze Macroeconomic fluctuations.

Topics:

1. Thinking like an economist;
2. Ten Principles of Economics;
3. Measuring a Nation’s income;
4. Production and Growth;
5. Unemployment and Its Natural Rate;
6. Measuring the cost of living;
7. Production;
8. Growth;
9. Saving, Investment and the Financial System;
10. The basic tools of finance;
11. The Monetary System;
12. Macroeconomic trends : The Exchange Rate and the Balance of Payments;
13. Money Growth and Inflation;
14. Aggregate Supply and Aggregate Demand;
15. The Influence of monetary and fiscal policy on Aggregate Demand;
16. Macroeconomic fluctuations : Expenditure Multipliers: The Keynesian Model;
17. The Short-Run tradeoff between inflation and unemployment;
18. Macroeconomic fluctuations : Business Cycle;
19. Macroeconomic Policy : Fiscal Policy;
20. The Supply Side of Fiscal Policy;
21. Macroeconomic Policy : Monetary Policy;
22. Extraordinary monetary stimulus;
23. Macroeconomic Policy;
24. Open-Economy Macroeconomics : Basic Concepts.