This course provides students with an introduction to the basic macroeconomic principles; it enables students to appreciate the workings of real and money markets and the nature of equilibrium in each market; to emphasize the role of macroeconomic policies that affect internal and external deficits, inflation and growth of per capita income. Throughout the course a focus will be on ‘critical thinking’ to analyze macroeconomic problems.

Pre-req: BECO201-Microeconomics.