Course Contents

This course aims to introduce students to the fundamental concepts, principles, and analytical tools of macroeconomic theory. It examines the measurement of aggregate economic activity, including output, unemployment, and inflation, and explores the roles of saving, investment, and the financial system in the determination of national income. The course also introduces aggregate demand and aggregate supply analysis, and evaluates the roles of fiscal and monetary policy in promoting macroeconomic stability. In addition, it considers basic open-economy macroeconomic issues such as exchange rates, trade balances, and international capital flows.

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Textbook:Krugman, P., & Wells, R. (2014). Macroeconomics in Modules. Worth Publishers.Recommended Readings:Mishkin, F. S. (2015). Macroeconomics: Policy and Practice (2nd Global ed.). Pearson.Mankiw, N. G. (2019). Macroeconomics. Macmillan Higher Education.Taylor, J. B., & Weerapana, A. (2020). Principles of Macroeconomics (Version 9.0). FlatWorld.Other Materials:Lecture notes, presentation materials, and additional resources provided by the instructor.

Students are required to comply with the principles of academic integrity in this course. They are expected to avoid plagiarism, cheating, unauthorized collaboration, and any form of academic misconduct in assignments, exams, presentations, and other academic work. Artificial intelligence tools may only be used when explicitly permitted by the instructor and within the specified limits. Even when such use is permitted, AI-generated content cannot replace the student’s own academic judgment and responsibility.