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LO-1
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To be able to summarize the emergence of macroeconomics and its differences from microeconomics, To be able to compare macroeconomic thoughts |
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LO-2
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To be able to explain the scope and theoretical structure of consumption, saving and investment concepts |
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LO-3
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To be able to explain the short-run macro economic equilibrium between planned aggregate expenditures and the level of national income |
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LO-4
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To be able to explain the effects of foreign trade on macroeconomic equilibrium |
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LO-5
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Explaining the effectiveness of monetary and fiscal policies |
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LO-6
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To be able to explain the Mundell-Fleming Model |