Course Code & Number
ECON 321
Course Title
Advanced Macroeconomic Theory
Level
BS
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Year of Study:
Junior
Semester:
Fall
Type of Course:
Elective
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite:
Pre-requisites: ECON 222
Co-requisites: NONE
Catalog Description
Mathematical modeling in macroeconomics. Inter-temporal consumption- saving and labor-leisure choice. Exogenous growth. Introduction to neo- classical growth model. Business cycles. Theories of unemployment.
Course Objectives
The aim of this course is to introduce students the mathematical modeling of macroeconomics. The course will provide students an introduction to inter-temporal consumption-saving and labor-leisure choice, exogenous growth, neo-classical growth model and business cycles.
Course Learning Outcomes
Upon succesful completion of this course, a student will be able to
1. Explain inter-temporal consumption-saving and labor-leisure choice.
2. Analyze exogenous growth.
3. Describe neo-classical growth model.
4. Explain business cycles.
5. Explain unemployment theories.
6. Describe the role of government in consumer and firm decisions