ECO2201 Macroeconomics I

Course Unit Title

ECO2201 Macroeconomics I

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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.