Macroeconomics BA - Toyba Alyas

📙 MACROECONOMICS

Module 1: Introduction to Macroeconomics

• Micro vs Macro differences

• Limitations of macro analysis

• Importance of macro policies

Module 2: National Income Accounting

• GDP, GNP, NNP, NI, PI

• Methods: income, expenditure, product

• Real vs nominal GDP

• Circular flow of income

Module 3: Money & Banking

• Barter vs money economy

• Functions of money

• RBI & monetary policy

• Credit creation by banks

Module 4: Determination of Income & Employment

• Aggregate demand & supply

• Consumption function

• Investment & savings

• Multiplier effect

• Equilibrium output

Module 5: Government Budget & Fiscal Policy

• Budget components

• Deficits (fiscal, primary, revenue)

• Role of government in the economy

Module 6: External Sector

• Balance of payments

• Exchange rate systems

• Imports, exports, trade deficit

• Foreign exchange market basics