COURSE DESCRIPTION
The course of Macroeconomics analyzes the different instruments and aggregate variables (as consumption, investment, production, as well as trade balance) which determine the level of global income. Through economic models, it studies how they work, interact and affect economic growth. The course studies how these instruments are used to implement economic policies in order to assure rapid economic growth, to maintain a low level of unemployment and a low level of inflation.
COURSE OBJECTIVES
At the end of Macroeconomics course, students will:
- Understand the economic environment around them
- Understand some important models and their implication for economic policy choices
- How to use the different aggregate variables for economic policies
- Understand and analyze the economic environment, which prevails at a national and international level.
SKILLS TO BE DEVELOPED IN THIS COURSE
Skills Category 1: Principles and Models. The students acquire the ability to define and explain economic principles and models.
Skills Category 2: Interpretation: The students should acquire the ability to explain, analyze and interpret given economic outcomes.
Skills Category 3: Manipulation: The students should be able to determine outcomes of specific situation, through analyze and manipulate graphics and models to a large extent.
Skills Category 4: Graphing and visuals: The students should be able to model economic situations using graphs or visual representations (chart, histogram, pie, ect.).
The course of Macroeconomics analyzes the different instruments and aggregate variables (as consumption, investment, production, as well as trade balance) which determine the level of global income. Through economic models, it studies how they work, interact and affect economic growth. The course studies how these instruments are used to implement economic policies in order to assure rapid economic growth, to maintain a low level of unemployment and a low level of inflation.
COURSE OBJECTIVES
At the end of Macroeconomics course, students will:
- Understand the economic environment around them
- Understand some important models and their implication for economic policy choices
- How to use the different aggregate variables for economic policies
- Understand and analyze the economic environment, which prevails at a national and international level.
SKILLS TO BE DEVELOPED IN THIS COURSE
Skills Category 1: Principles and Models. The students acquire the ability to define and explain economic principles and models.
Skills Category 2: Interpretation: The students should acquire the ability to explain, analyze and interpret given economic outcomes.
Skills Category 3: Manipulation: The students should be able to determine outcomes of specific situation, through analyze and manipulate graphics and models to a large extent.
Skills Category 4: Graphing and visuals: The students should be able to model economic situations using graphs or visual representations (chart, histogram, pie, ect.).
- Учитель: Sabas, Lucile
