MACROECONOMICS

Course Description

This is an introductory course covering money, the monetary system and their relevance to the functioning of the national economy. It covers monetary and fiscal policies, unemployment, interest rates, and inflation as well. It dwells on the measurement of the level of output and its determination. Particular emphasis is placed on the forces that determine the actual and potential level of output and on policies designed to promote economic stability and growth. Important policy debates such as the sub-prime crisis, social security, the public debt and international economic issues are critically explored. The balance of payments is explained. The determination of the exchange rate is presented with reference to the international monetary system.

MACROECONOMICS

Evaluation Tools (Active Term)

No evaluation items have been defined.

Course outcomes

1. 01 To derive knowledge and understanding of macroeconomic issues 4
2. 02 To assess problems and periodic fluctuations in the size of economy , inflation , unemployment and the economic policies of fiscal and monetary which develop models to cope with these macroeconomic problems 5uctuations in the size of economy , inflation , unemployment and the economic policies of fiscal and monetary which develop models to cope with these macroeconomic problems
3. 03 To compare national income and real GDP 4
4. 04 To generalize business cycle inflation Money and monetary equilibrium 5
5. 05 To summarize international trade and balance of payments 4
6. 06 To categorize fiscal policy 3
7. 07 To classify monetary policy 3

Course Syllabus

Reference Books & Course Materials

1. 01 Michael Parkin (2019), Economics ( 13/E ), Pearson, Global Edition
2. 02 N.Gregory MANKIW (2012) , Principles of ECONOMICS , ( 6 th edition) Thomson,South- Western
3. 03 Micheal PARKIN, 2012 , Economics ( 12 th edition ),Pearson, Addison Wesley

Learning Outcomes

1. L01 On successful completion of this course the students will have developed knowledge and understanding of macroeconomic issues
2. L02 problems and periodic fluctuations in the size of economy , inflation , unemployment and the economic policies of fiscal and monetary which develop models to cope with these macroeconomic problems
3. L03 National income and real GDP
4. L04 International Trade and balance of payments
5. L05 Following a succesful completion of this course the student will be able to assess economic performance of countries. SOLO 5

Program Outcomes

1. P01 Gain the ability to apply the Pharmacy profession.
2. P02 Interpret the accuracy and reliability of the current theoretical and practical knowledge in the field of pharmacy, as well as being able to follow and evaluate innovations.
3. P03 Practically apply the knowledge they gain on pharmaceutical sciences. The acquired knowledge and skills allow the graduates to act as the closest health consultant to the public with the ability to inform the public.
4. P04 Evaluate and apply current technology related to basic subjects and principles covering pharmacy and health sciences and take part in in-service training seminars.
5. P05 Know the risks and evaluation of the use of drugs and other chemicals and safe laboratory practices (GMP).
6. P06 Acquire the ability to interpret the findings obtained by qualitative and quantitative measurements and to reach valid scientific results from the data.
7. P07 Prepare pharmaceuticals and provide guidance on the use of pharmaceutical products.
8. P08 Design research and develop projects related to pharmaceutical products; manage and share the results.
9. P09 Be competent to accurately and intelligibly communicate and transfer knowledge about prescription content and pharmaceutical products to the patient / user. The graduates are trained on taking necessary precautions for safe drug usage and encouraging rational drug use, as well as providing consultancy and supervision.
10. P10 Work in an interdisciplinary environment. Graduates can cooperate with other professional groups, participate in vocational training and activities, have proper knowledge and communication skills.
11. P11 Take part in social responsibility projects related to health. Graduates have awareness on sustainable environment and participate in activities and practices related to their profession.
12. P12 Open a community pharmacy, also work in hospital pharmacies, can work in different fields related with pharmaceuticals, cosmetics, medical and herbal products, as well as production and quality control in the pharmaceutical industry. Takes part in the professional development of herself/himself, her/his colleagues and pharmacy students.
13. P13 Implements the legal and professional law and ethics as a health professional, in issues concerning public health.
14. P14 Knows and applies the processes related to drug design from natural or synthetic sources, as well as development, preparation, analysis and metabolism of drugs in the human body.

Po-Lo Matrix