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FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES / PUBLIC ADMINISTRATION / KAM3022 - MACRO ECONOMICS
GENERAL INFORMATION ABOUT THE COURSE
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Theoretical
Practical
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Course Objective
The aim of the course is the basic macro-economic concepts and quantities, the relationships between macroeconomic variables describing the macroeconomic model to give theoretical and analytical knowledge.
Brief Content of the Course
Macroeconomics and microeconomics separation, macroeconomics, basic assumptions, the measurement of economic performance: unemployment, inflation, the total output for the main macroeconomic variables, and concepts: the concepts of national product and income, interest rates, exchange rates, public deficits, classical economics, Keynesian economics, the total expenditure, equilibrium level of income, balance in the economy, deflationary and inflationary clear definition of the functions of money, the money supply, money demand, equilibrium interest rate, the balance of aggregate demand and aggregate supply, fiscal policy and activity, monetary policy and the activities of international trade, balance of payments; theories of growth, development and poverty alleviation, economic systems
Prerequisites
Course Objectives
Course Objectives
1
The aim of this course is to introduce students to macroeconomic concepts, particularly focusing on the factors that determine national income levels, prices, and employment.
2
Students will acquire a basic understanding of the workings of macroeconomics and be able to analyze the functioning of the economy.
3
Students will acquire theoretical knowledge and be able to analyze the fundamental areas of economics.
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Course Category
Course Category
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Mathematics and Basic Sciences
Basic Vocational Courses
Expertise /Field Courses
Communication and Management Skills Courses