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ECO403 : Macroeconomics

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Course Info

Course Category


Course Level


Credit Hours



ECO401, ECO402


Dr. Talat Afza
Ph. D.
Wayne State University –USA

Course Contents

Introduction to Macro Economics Principles of Macroeconomics Importance of Macroeconomics & Economic Models National Income Accounting Closed Economy, Market Clearing Model Components of Aggregate Demand The Role of Government & Money and Inflation Money and Inflation The Open Economy Issues in Unemployment Economic Growth Aggregate Demand and Aggregate Supply Keynesian Theory of Income & Unemployment IS-LM Framework IS-LM Framework and Aggregate Demand The Mundell-Fleming Model The Three Models of Aggregate Supply Inflation, Unemployment and The Phillips Curve Government Debt Consumption Theories Investment Theories Money & Banking