BE 208 – Macroeconomics

Course lecturer :

Dr: Nagwa Mohamed

Course assistant :

T.A.mohamed.mosaad

Course objectives :

The objectives of this course is providing Students with techniques for : 1- Understand the forces determining macroeconomic variables such as inflation, unemployment, interest rates, and the exchange rate 2- Formulate and assess macroeconomic policy suggestions 3- Define macroeconomic terminology, such as the monetary policies, the natural level of unemployment, and fiscal policy 4- Interpret and evaluate media reports on the macroeconomy. 5- identify and interpret patterns evident in economic data presented in graphs and tables 6- explain and apply key economic concepts to business and economic decision-making 7- explain major problems faced by economic and business managers in the 21st Century 8- evaluate selected instruments of microeconomic and macroeconomic policy 9- demonstrate academic research and writing, and critical analysis and thinking skills. 10-Understand the causes and effects of inflation and unemployment 11-Describe the macroeconomy using aggregate demand and aggregate supply analysis 12- Identify periods of economic growth and recession using the aggregate demand/aggregate supply model 13 Explain how unemployment and inflation impact the aggregate demand/aggregate supply model 14- Evaluate the importance of the aggregate demand/aggregate supply mode 15-Explain the aggregate supply curve and how it relates to real GDP and potential GDP 16-Explain the aggregate demand curve and how it is influenced by price levels 17- Interpret the aggregate demand/aggregate supply model 18-Identify the point of equilibrium in the aggregate demand/aggregate supply model 19- Define short run aggregate supply and long run aggregate supply

Course description :

This course is designed to introduce macroeconomic issues such as growth, inflation, unemployment; the course will provide a unified framework to address these issues and to study the impact of different policies, such as monetary and fiscal policies, on the aggregate behavior of individuals. These analytical tools will be used to understand the recent experience of Egypt and other countries and to address how current policy initiatives affect their macroeconomic performance.

Course assessment :

Written Exams 20 Midterm + 60 Final exam Quizzes 10 Assignments + Presentations 5 Research project 5

Recommended text books :

1- Andrew B. Abel , Ben Bernanke and Dean Croushore (2016) Macroeconomics: 9 edition, Global edition. Pearson Higher Ed USA

Recommended refrences :

1-, Karl E. Case, Ray C. Fair, Sharon M. Oster (2011) Principles of Macroeconomics :Prentice Hall; 10 edition 2- Peter E. Kennedy (2010) Macroeconomic essentials: Understanding economics in the news.3rd ed.Cambridge, Mass: MIT Press.