Week 12-13: fixed prices and general dis-equilibrium, labour contacts and sticky wages
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Course Material
- Week 1-2: National Income and macroeconomic theorizing.
- Week 3-4: Different approaches to macroeconomic modeling. Classical versus Keynesian economics,
- IS-LM model Macroeconomic core theories and policy making,
- Week 7-8: money and financial markets
- Week 9: Submission of term paper
- Week 10-11: macroeconomic models, rational expectation models,; imperfect information; real business cycle,
- Week 12-13: fixed prices and general dis-equilibrium, labour contacts and sticky wages
- Stability considerations and public policies, normal rigidities and economic fluctuations,. Business cycle theories
- Week 16-17: Growth models, economic growth monetary and fiscal issues.
- Week 18: Submission of Project and presentations’
- Chapters 10
- Department Economics
- Teacher
Dr. Ahmad Raza Cheema
