Macroeconomics

Syllabus

• Introduction.
• Macroeconomic indicators.
• Macroeconomic modelling and aggregate production.
• Saving and investment.
• Money and inflation.
• Sources of economic growth and the Solow model.
• Introduction to business cycles.
• The IS curve.
• Monetary policy and the money market.
• Aggregate supply and the Phillips curve.
• The aggregate demand and aggregate supply model.
• Monetary and fiscal policy.
• The financial system and financial crises.
• Exchange rates and international economic policy.
• The labour market.
• Summary.