ECON201

Introduction to Macroeconomics

Course ID
ECON201
Level
Advanced Diploma

Course Description

This course provides students with an understanding of the fundamental concepts of macroeconomics and their application to economic policy and decision-making. The course covers key topics such as national income, economic growth, unemployment, inflation, and fiscal and monetary policies. Through lectures, discussions, and analysis of current economic issues, students will explore how macroeconomic theories apply to real-world economic situations and government policy decisions.

Learning Outcomes

Upon successful completion of this course, students will be able to:

  • Understanding Macroeconomic Concepts: Students will gain a comprehensive understanding of core macroeconomic principles, including GDP, inflation, unemployment, and fiscal and monetary policies.
  • Economic Analysis: Develop the ability to analyze economic data and trends to understand macroeconomic conditions and their impact on society.
  • Policy Evaluation: Learn to evaluate the effectiveness of government economic policies and their implications for economic stability, growth, and quality of life.
  • Critical Thinking and Application: Enhance critical thinking skills by applying macroeconomic theories to solve complex economic problems and debate contemporary economic issues.

These outcomes aim to equip students with the knowledge and skills necessary to understand and analyze key macroeconomic activities and policies, preparing them for careers in economics, finance, government, and related fields.