Business Economics II

Written by Administrator Monday, 15 June 2015 04:58
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Course Code                             :        BHRM  21132

Course Title                              :        Business Economics II

Status                                         :        Compulsory

Credit Rating                            :        2

Semester                                    :        First

 

Aim : To; (i) provide the essential knowledge on aggregate behaviour of macroeconomic policies and practices; and (ii) make the students enable to apply gathered knowledge to deal with macroeconomic problems and to analyse the implications of macroeconomic decisions

 

Learning Outcomes                  : On competition of this course unit, students should be able to;

  • identify, describe and explain the aggregate behaviour of macroeconomic policies and practices
    • analyse the implications of macroeconomic problems in the context of organisations
    • apply knowledge to deal with identified macroeconomic problems

 

 

Course Content                        : Introduction to macro economics. Theories, models and policies of macro economics; Keynesian income–expenditure model, multiplier analysis. Goods and money markets (IS-LM Model); changes in IS-LM equilibrium, interaction and effectiveness of monitory and fiscal policies. Aggregate demand and supply (AS-AD Model). Inflation and unemployment. Economic stability and growth.

 

Method of Teaching

and Learning                            : Lectures, Tutorials and Assignments 

 

Assessment                                : Assignments, Presentations, Examination

 

Recommended Readings         :

Chrystal K.A. and Lipsey R.G.(1997). Economics For Business and Management, Oxford University Press, New York.

 

Dornbush R., Fisher S. (1998). Macro Economics, 8th Edition, McGraw Hill Inc. Columbus.

Last modified on Monday, 15 June 2015 04:59

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