Unit I : Basic Concepts

  • Macroeconomic variables; Economic models: Static and Dynamic;
  • Aggregation and its problems;
  • Macroeconomic policy goals

Unit II : National Income Accounting

Unit III : Classical Theory of Income, Employment and Money

Unit IV : Keynesian Macroeconomic

Unit V: Keynesian System with Money, Income, and Interest

  • Money in the Keynesian system;
  • Complete Keynesian System;
  • IS-LM Model: Goods and Money Market Equilibrium;
  • Policy Effects

Unit VI : Consumption Demand


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