ECO204 Principles of Macroeconomics

Lead Faculty: Dr. Wali I. Mondal

Course Description

This course provides an examination of aggregate economic activity. It includes a study of aggregate supply and demand, the monetary and banking systems, aggregate economic accounting, inflation, unemployment, the business cycle, macroeconomic policy, and economic progress and stability, among other things.

Learning Outcomes

  • Describe the determinants of aggregate supply and demand.
  • Describe the national-income accounting system.
  • Distinguish between "monetary" and "fiscal" policies.
  • Assess macroeconomic policy and how it influences unemployment, the business cycle, and inflation.
  • Identify the causes of economic progress.
  • Demonstrate knowledge of the monetary and banking systems.