The course builds on the foundation laid in year three. It deals with the study of the determinants of the level of growth. Topics covered include: Keynesian and classical models of employment and output; income determination in closed and open economies. Detail theories of consumption and investment functions.  Theories of money, interest and prices; introduction to models of economic growth. Macro-economic policies and optimal allocation of resources, economic policies under alternative exchange rate regimes.




Level of Study: 400 Level