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Rationale for developing this Course: Macroeconomics or aggregate economics analyses and establishes the functional relationship between the large aggregates. The aggregate analysis has assumed such a great significance in recent times that a prior understanding of macroeconomic theoretical structure is considered essential for the proper comprehension of the different issues and policies. Macroeconomics is not only a scientific method of analysis but also a body of empirical economic knowledge.Course Description: The Course equips the students to understand systematic facts and latest theoretical developments for empirical analysis.Course Objectives: This course helps in understanding the basic concepts and policies of macroeconomics.The course helps the students in establishing link between macroeconomic theory and its application.It prepares the students towards analyzing macroeconomic situations given different policy scenarios and models.Learning Outcomes: Ability to understand the different macroeconomic growth and development models.Ability to understand the different concepts and theories of Macroeconomics.Ability to understand Classical Macroeconomic Model.Ability to analyse policy implications of various macroeconomic models.
