ECO2201 Macroeconomics I
Course Unit Title
ECO2201 Macroeconomics I
Course Unit Description
This course serves as a sequel of the introductory macroeconomics studies in first year. The major topics covered include: Review of Basic Macroeconomics Models, The Demand and Supply of Money, Keynesian Model, New Classical School of Macroeconomics, The IS-LM Model, Budget and Fiscal Policy, Growth Models and their Implications, The Solow Model of Long-Run Growth, Model of Technical Change, Inflation and Unemployment, and Consumption.
General Course Objectives
By the end of the course, the participants should be in a good position to do:
- To describe the various classical models of income and employment
- To explain the various theories and tools for analysis
- To present different arguments on a macroeconomic phenomenon
- To apply theories to real world problems
- To be well prepared for intermediate macroeconomics
- To transfer learning from macroeconomics to other fields of economics
- To identify and analyze environmental challenges
Expected Learning Outcomes
By the end of the course, the student should be able to:
- Understand the general concepts of Macroeconomic Theory in detail with help of more advanced methodologies and toots.
- Contribute various ideals to the different models to the persisting Macroeconomic Problems.
