After completing this course you will be able to…
- describe and graphically depict central macroeconomic relationships for closed and open economies
- to analyze the effects of various economic policies (e.g. government expenditure increases, interest rate decreases, exchange rate regimes) using the theoretical models taught in this course
- to recognize macroeconomic concepts in other contexts (e.g. economics news, business plans) and to draw adequate conclusions
Additionally, this course enhances...
- analytical skills
- the capacity to depict complex relationships by simple models and to derive action plans
- reasoned phrasing
- the ability to interpret graphs
- handling of numerical data
- time management