Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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24DECO 812 |
Advanced Macroeconomic Theory –II (Theory) |
Students will- CO151:analyze equilibrium in goods market and money market and evaluate the effects of monetary and fiscal policies on these equilibria CO152:examine theories pertaining to new classical and new Keynesian macroeconomics CO153: analyze the relationship between inflation and unemployment and related policy measures. CO154:analyze various theories of trade cycles and related aspects CO155: analyze the open economy macroeconomics. CO156: contribute effectively in course-specific interaction.
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Approach in teaching: Interactive Lectures, Discussion, Case studies.
Learning activities for the students: Presentations, Assignments and Group discussions. |
Class activity, Assignments, Quiz and Semester end examinations.
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· Inflation –Unemployment trade off - The Phillips Curve
· The natural rate of unemployment hypothesis and Adaptive expectation hypothesis
· Relationship between short run and long run Phillips Curve
Sacrifice Ratio and Policy of disinflation
Suggested Readings:
E Resources:
Journal: