Courses Catalogue

Research Methods

COURSE CODE: UCC 7100
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Economics, Masters
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Postgraduate

Course Description

The course is an exposition of macroeconomic models and their application to less developed countries. It discusses the determination of macroeconomic equilibrium in the context of a small open economy. It reviews the problems of output and employment determination, monetary control and the general price level. It discusses problems of maintaining equilibrium in the external sector: balance of payments, exchange rates, external transmission of inflation, debt and stabilization problems. 

EXPECTED LEARNING OUTCOMES

By the end of the course unit students should be able to:

·         Explain the circular flow of income

·         Discuss the determine, the factors affecting economic growth, aggregate demand and aggregate supply

·         Describe the causes of fluctuation

·         Explain the fiscal policy, and its role in stabilization