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PRINCIPLES OF MACROECONOMICS
1. Course details
Pre-requisite(s):
No
Lecturers/Tutors:
TBA
Mode of assessment:
Additional work:
Mid-term tests/Assignments/Presentations
Examination Periods:
TBA
have an understanding of the role of money, how it is created and how it can
affect the economy;
have an understanding of the exchange rate market and how it affects an open
economy.
be able to construct and use aggregate demand and aggregate supply model to
analyze short run fluctuations and long run adjustment of the macroeconomy;
have an understanding of and be able to use the AD-AS model to analyze the
effects of fiscal policy and monetary policy;
3. Textbooks:
Mankiw N. Gregory, Principles of Macroeconomics, Harcourt College Publisher, Third
Edition (2004). An excellent basic textbook that covers much of the core material at an
introductory level.
Further Readings:
Principles
of
Weighting:
Examination:
Weighting:
And note that each main question contains at least two sub-questions.
2