Bachelor
2025/2026
Macroeconomics 1
Type:
Compulsory course (International Programme in Economics and Finance)
Delivered by:
International College of Economics and Finance
When:
2 year, 2 semester
Open to:
students of one campus
Language:
English
Course Syllabus
Abstract
This is a one-semester course delivered in English and designed to develop students’ critical thinking and economic reasoning in a macroeconomic context. The cross-country income differences and long-run GDP trends are discussed through the lens of the Solow growth model. The short-run effects of fiscal and redistribution policies are studied using the Keynesian Cross model. Challenges of contemporary central banks, including inflation targeting and interest rate policies, are considered within the IS-MP and AD-AS models. Finally, evaluating implications and applications of the IS-LM-BP model will help shed some light on capital movement constraints, restrictions, trade wars, and sanctions faced by some open economies.