ECON 1103 Principles of Macroeconomics
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The ECON 1103 Principles of Macroeconomics course will introduce students with the introductory macroeconomic principles and issues, comprising key macro variables, and two significant short run models of income determination, specifically the Keynesian model and the AS/AD model. The above-mentioned course as well examines the monetary system, interest rates, all along with the monetary transmission mechanism, fiscal and monetary policies, business cycles, international trade, exchange rates and the balance of payments. The course is quite wide and encompasses numerous topics, such as, processes and determining factor of overall financial activity and growth; money and banking, government monetary and monetary policy, and international economics; value accounting, determination of aggregate income, employment, and thus the worth index and many more.
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