The study of macroeconomics for business is essential for understanding how decisions are made in different areas that are highly relevant to the student. The content covered in this course is applicable to both the individual and the firm.
What Will You Learn?
- To enhance understanding of the macroeconomic theories and develop their own skills in using these theories in business decision making.
- To analyze how individual decision-makers, both consumers and producers, behave in a variety of economic environments.
Unit -1: Introduction to Macroeconomics
Macroeconomics: Concepts and Features
Macroeconomics: Scopes and Limitations
Macroeconomic Concepts: Flow and Stock Variable
Macroeconomic Concepts: Equilibrium and Disequilibrium
Macroeconomic Concepts: Static and Dynamic Equilibrium Analysis