On completion of this course the student will be able to:
Describe and present the theories of consumption, investment, economic growth and equilibrium in an open economy
Employ these theories to define: a) the impact on the levels of total consumption and investment b) the role of expectations in macroeconomics c) the factors that lead to growth and can explain the inequalities GDP per capita among countries, d) the factors that affect flows of goods and capital in an open economy and the significance of the international macroeconomic interdependencies
Describe alternative theoretical macroeconomic approaches and understand the existing/current juxtapositions on the consequences of applied macroeconomic policies
Present and analyse real-life scenarios
