Macroeconomic Theory

Aim

After completing the course the student should be able to: - Account for and uses mathematical analysis to derive relationships in key areas of macroeconomic theory, - implement appropriate macroeconomic models for analyzing economic problems. - Using macroeconomic models in simulations with given parameters, - Relate and discuss the current macroeconomic conditions and policy issues using advanced theories, - work with macroeconomic panel and time series data to estimate appropriate inference/parameters for analyzing recent macroeconomic issues.

Content

The course covers the key macroeconomic concepts, theories, analytical approaches and empirical analysis.The focus will be on the modern growth theory, theories of business cycles, monetary policies, consumption and investment theory and unemployment. In addition, the course will discuss the recent literature and analytical methods used for examining contemporary macroeconomic issues such as, environment, migration, women empowerment and economic crises.