INTRODUCTION TO MACROECONOMIC THEORY

Dr Odozi John Chiwuzulum   (Published 2017)

Dr John Chiwuzulum
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Abstract

Week 1-2 (Lecture One): NATIONAL INCOME ACCOUNTING (NIA)
LEARNING OUTCOMES: Students should be able to:
1. Explain National Income Accounting(NIA)
2. Explain GDP as a key concept in NIA
3. List and explain three approaches to measuring GDP
4. Identify derivatives of GDP
5. Relate GDP and GNP
Weeks 3-5 (Lecture Two): CIRCULAR FLOW OF INCOME, MACROECONOMIC AGGREGATE MODELS AND OTHER TOOLS OF ANALYSIS
LEARNING OUTCOME: Students should be able to:
1. Explain an economic model
2. Design a circular flow of income model for an economy that is closed or open
3. Identify and contrast the key macroeconomic markets facilitating the flow of income and their relationships
4. Compare the key sectors involved in economic activities and their relationships


Item Type: Courseware(non-copyrighted, full text)
Format: PDF document,   312.42 KB
Copyright: Creative Commons LicenseCreative Commons license
Keywords: Introduction to Macroeconomic Theory
Department: Accounting and Economics
Field of Study: Economics
Uploaded By: Uddin Osemengbe Oyaimare
Date Added: 23 Nov 2017 3:22pm
Last Modified: 23 Nov 2017
courseware URL: https://www.edouniversity.edu.ng/oer/courseware/introduction_to_macroeconomic_theory


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