a.
Knowledge and Understanding:
1-
Outline basic macroeconomic concepts and principles.
2-
Recognize economic policies on the macro level such as fiscal and monetary policies.
3-
Investigate simple mathematical, verbal and diagrammatic methods of analysis.
4-
Draw alternative policy responses focusing on contemporary macroeconomic policies while always referring back to some specific macroeconomic model.
5-
Identify macroeconomic principles related to decision-making such as balance of payments, national income, unemployment, factors of production, and income distribution.
b.
Intellectual Skills:
1-
Subdivide different macroeconomic methodological tools into mathematical and diagrammatical methods of analysis to explain macroeconomic issues.
2-
Analyze the characteristics of alternative macroeconomic models.
3-
Link macroeconomics with other social branches to facilitate the decision making process.
4-
Interpret key macroeconomic principles to various practical and policy issues.
5-
Examine different macroeconomic data analysis techniques in analyzing and interpreting international economic phenomenon such prose, tables, and graphs.
c.
Professional and Practical Skills:
1-
Conduct simplified supply and demand models on the aggregate level to estimate the consequences of changes in the aggregate market on quantity and price.
2-
Report in a simplified framework the process of modelling the main operations of any macro economy.
3-
Contribute in decision making by acquiring important skills in numeracy, literacy, and information processing.
4-
Conduct profitability and cost-benefit analysis evaluations to analyze country macroeconomic performance if random and/or intended changes occur in the environment.
5-
Use both qualitative and quantitative skills in solving economic problems.
d.
General and Transferable Skills:
1-
Experience with conceptual frameworks effective for problem solving and decision making.
2-
Acquire analytical reasoning skills, numeric and clear effective communication skills.
3-
Test the ability of students to work under pressure and as part of a team.
