To enable students to acquire the knowledge and skills necessary to understand the behavior of the economy over time, to explore the causes and consequences of fundamental macroeconomic problems, and to evaluate the effects of macroeconomic policy—primarily monetary and fiscal—on the behavior and performance of the economy across different time periods and markets.
Within the course, students are encouraged to apply a systematic and model-based approach to analysing national and global economic phenomena, processes, and challenges, as well as to assessing the effects of macroeconomic policy and the performance of the economy.