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ECON 1100 Introductory Macroeconomics

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The ECON 1100 Introductory Macroeconomics course basically introduces about the Canadian Economy in terms of comprehensive performance and policy; assessments of the determinants of national income, employment and the price level, along with the role of government fiscal and monetary policies in enhancing the rate of economic development.

Course learning outcomes:

1. Analyze macroeconomic concepts comprising GDP, growth, exchange rates, price indices, interest rates, budget balances, trade balances & productivity measures.

2. Assess economic activity comprising inflation, unemployment, GDP, savings, and balance of payments.

3. Examine and deduce economic models like foreign exchange market model, aggregate expenditure model, loanable funds market model, and the AD/AS model.

4. Explore financial markets comprising the foreign exchange market, the money market, along with the bond market.

5. Elucidate the examples of fiscal, monetary, and exchange rate policy.

6. Deduce Canadian economic performance in a historical & global context.

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