IER 204 – Macroeconomics

IER 204 – Macroeconomics; Weekly hours: 2+1, ECTS: 5
The main objective of this course is to increase students’ knowledge of various macroeconomic theories and policies by illustrating from Macedonian, Turkish, EU and The U.S economies and to show the applications of various economic subjects in daily life. After completing this course, students will be able to understand: The Scope and Method of Economics, National Income Accounting, Mixed Economy, Growth and policy, Aggregate supply, demand and policy, Aggregate supply: wages, prices, and unemployment, Business cycles, The anatomy of inflation and unemployment, Policy Preview, Investment spending, Government spending and its financing.