This course guide covers the issues of measurement of national income and standard of living. Unit 2 provides a description on the behaviour of the real economy in the long-run. Unit 3 focuses on the long-run behaviour of money and prices. Unit 4 explains about short-run economic fluctuations where the model of aggregate demand and aggregate supply is introduced. The last Unit presents the macroeconomics of open economies.
BBM 202/05 Macroeconomics course guide
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