INTRODUCTORY MACROECONOMICS

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Instructor:
Course Code: 
AEC 1201
Course Credit Units: 
3
Semester: 
Semester 2
Year of Study: 
Year 1
Undergraduate or Graduate Level: 
Undergraduate Level
Course Discipline: 
Course Description & Objectives: 

Students undertaking this course will be introduced to concepts and applications of macroeconomics in agriculture. Areas to be covered include: Macro-economic concepts & goals; Aggregate supply & national income, consumption and investment; Monetary policies; Public finance; International trade; Money and Banking; Inflation; Unemployment & Economic growth.

Learning Outcomes: 

General objective

  • To equip students to answer questions concerning economic life of a nation and the entire world.

 Specific objectives

  • To enable students to answer questions relating to:

-          The role of the various actors in the economy;-          How the various economic sectors are interrelated;-          How economic changes in one sector affect the other sectors, the nation and the rest of the world.

  • To enable students improve their ability to evaluate the proposals of political leaders regarding taxes, public spending and other policies that may have crucial effects on the national economy.
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