|Institution||Bourgas Free University|
The goals for the course in Macroeconomics are to make students able to analyze the current economic situation and to acquire an economic way of thinking.
The objectives for the course are to teach the students how to apply cost-benefit analysis to the macroeconomic policy, to be able to forecast the future economic growth and to make better personal decisions in their everyday life.
The course consists of 60 hours of lectures and 30 hours of exercises during the winter semester.
For the assessment of the students will be used tests with multiple choice questions combined with writing a paper during the semester.
The content of the course in Macroeconomics is as follows:
LECTURE ONE: THE DATA OF MACROECONOMICS
LECTURE TWO: NATIONAL INCOME
LECTURE THREE: ECONOMIC GROWTH
LECTURE FOUR: UNEMPLOYMENT
LECTURE FIVE: INFLATION
LECTURE SIX: ECONOMIC FLUCTUATIONS
LECTURE SEVEN: AGGREGATE DEMAND
LECTURE EIGHT: AGGREGATE SUPPLY
LECTURE NINE: THE THEORY OF REAL BUSINESS CYCLES
The Debate Over Real-Business-Cycle Theory
LECTURE ELEVEN: INVESTMENT
LECTURE TEN: CONSUMPTION
LECTURE TWELVE: MONEY SUPPLY AND MONEY DEMAND
LECTURE THIRTEEN: GOVERNMENT DEBT
The mandatory reading for the course is the textbook of professor Petko Chobanov "Macroeconomics". All textbooks in Economics and Macroeconomics can be used. "General Theory of Employment, Interest, and Money" from John Meynard Keynes is highly recommended, as well as the books of Milton Friedman.