Macroeconomics

• Intro to economic analysis • The economic circle and its functions • The role of the government • Determination of income • National accounts • The theory of employment and money • The financial system and the fiscal policy • Economic fluctuations • Inflation and unemployment • Economic growth

Objectives

The aim of the course is to introduce students to the concepts of the aggregate economy. Get to know the evolution of macroeconomics and different approaches. To understand the economic problems of unemployment, inflation, economic fluctuations and the open economy, and the role of fiscal and monetary policy to address these problems.

Prerequisites

Τhey do not exist

Syllabus

The course is an approach to today's economy as a system that deals with the scarcity of resources. It analyzes the relationships between variables such as national income, employment, inflation and the amount of money. The role of government spending, taxation and monetary policies, the global economy and economic growth.