Overview of some classic topics in macroeconomics, with a view to providing students with the skills required to read critically recent professional articles. The main focus is on the basic analytical structure of economic models, their empirical implications, and some policy applications.

CILO-1: Analyze and apply the fundamental principles of macroeconomics, including concepts such as GDP, inflation, and unemployment. CILO-2: Compare and contrast various macroeconomic models, such as the classical, Keynesian, and monetarist models, and evaluating their strengths and weaknesses. CILO-3: Discuss the impact of international trade, exchange rates, and globalization on the economy and analyzing how these factors affect economic growth and development. CILO-4: Evaluate the effectiveness of government policies, such as fiscal and monetary policy, in stabilizing the economy. CILO-5: Analyze the different economic systems and evaluate their performance critically, such as capitalism, socialism, and mixed economies.