Principles of Macroeconomics focuses on the study of fundamental principles and policies of a modern economy. It includes markets and prices, national income accounting, business cycles, employment theory and fiscal policy, banking and monetary controls, the government’s role in economic decisions, and economic growth.
This course focuses on foundational economics concepts and phenomenon including microeconomics and macroeconomics principles. It emphasizes on analytical tools needed to study contemporary economic problems such as inflation, unemployment, poverty, and pollution.
This course introduces the nature of money, money demand and supply, financial intermediaries, banks and money creation. Also, it details a study of monetary policy in a closed economy, considering a number of models that allow real effects of monetary policy, ranging from new-Classical to Keynesian.