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Introduction To Economic II

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24 views4 pages

Introduction To Economic II

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© © All Rights Reserved
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UNIVERSITY OF JUBA

SCHOOL OF BUSINESS AND MANAGEMENT

EVENING UNDERGRADUATE DEGREE PROGRAM

FIRST YEAR SEMESTER TWO

ACADIMIC YEAR 2024/2025

COURSE TITLE: INTRODUCTION TO ECONOMICS II

INSTRUCTOR NAME: Mr. THON MAKOI

Date: August 23, 2025

Course Outline:

1- Introduction to macroeconomics, and definition to macroeconomics

2- National income accounting

 Definition of national income economic


 G,D,P, GNP and NNP
 Growth domestic product, definition calculation significance
 Methods of measuring national income
 Circular below of income
 Difficulties of measuring national income
 Real vs nominal NNP

3- The theory of income determination

 Consumption function
 Saving function
 Equilibrium income
 Investment multiplier

4- Money and Banking

 Definition of money
 Characteristics of money
 Barter system
 Difficulties of barter system
 Function of money
 Type of money
 Definition of banking
 Central bank and its function
 Commercial bank and their function

5- Inflation

 Definition of types of inflation


 Economic effect of inflation
 Measurement of inflation
 International trade
 Definition and type of international trade
 Reason for international trade
 Advantages of international trade
 Trade restrictions and methods
 Balance of trade (BOT) and Balance of payment (BOP)
 Terms of trade (TOT)
 Theories of Absolute comparative

Introduction to Macro Economic

- Inflation & deflation


- Unemployment
- Economic Growth, national income
- International trade

Microeconomics Macroeconomics

 Individual / Households, Level (Firms,  Aggregate Level Analysis


industrial)  National Income
 Demand & Supply  Employment & Unemployment
 Elasticity  Inflation & Deflation
 Consumer Behavior  Economic Growth & Development
 Theory of Production & Costs  Monetary Policy
 Market Structures  Fiscal policy
 Factor Pricing  Balance of Payments & Trade

Macro economy:

 Policy of inflation:
 Economic for
 Resource allocation
 Public awareness
 Stability

Questions:

1- What is Macroeconomics?
2- What is the different between microeconomic and macroeconomics?
3- What is the importance of macroeconomics?

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