Course Description

Course Name

Principles of Macroeconomics

Session: VRMF3123

Hours & Credits

3 Credits

Prerequisites & Language Level

MTH 102 (Statistics I: Descriptive Statistics)

Taught In English

  • There is no language prerequisite for courses at this language level.


Macroeconomic principles introduce students to the economist?s worldview through such concepts as opportunity cost, marginal decision making, efficiency, and the benefits of trade. It focuses on the national economy by looking at gross domestic product, aggregate supply and aggregate demand, unemployment, economic growth, business cycles, multipliers, and monetary and fiscal policies. It introduces the different policy perspectives of the Keynesian and monetarist Schools.

*Course content subject to change