Learning outcomes:

At the end of this course  

1. Students will get an understanding of the main measures of macroeconomic performance. They will be able to explain the calculation of the basic macroeconomic measures such as GDP, inflation, unemployment, money supply. They will also be able to explain the usefulness and limitations of these macroeconomics measures.

2. Students will get the ability to utilize macroeconomic theory to analyze and evaluate macroeconomic policy.

3. Students will be able to identify the tools of fiscal policy and explain their likely impact on the economy.

4. Similarly, students will be able to identify the tools of monetary policy and explain their impact on the economy.