The purpose of this course is to introduce students to the principles of macroeconomics—the study of how a country's economy works, while trying to discern among good, better, and best choices for improving and maintaining a nation's standard of living and level of economic and societal well-being. Historical and contemporary perspectives on the role of government policy surround questions of who gains and losses within a small set of key interdependent players. These beneficiaries include households, consumers, savers, firm owners, investors, government officials, and global trading partners.
The Moral and Islamic perspective of macroeconomic policies will also be incorporated in the course to understand how macroeconomic decisions affect both; the worldly life and the life hereafter, of the masses.
Overview of Macroeconomics
Macroeconomics: Goals, Income Measures, and Challenges
Aggregate Demand and Supply in an Economy
Consumer Income, spending, Savings and Investments
Consumer Income, spending, Savings and Investments
Business Cycle, Aggregate Economic Activities and Fluctuations
Fiscal Policy
Monetary Policy and Various Complexities behind Macroeconomic Policies
International Trade
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