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EET 301: MACROECONOMIC THEORY III
| Institution | KENYATTA UNIVERSITY |
| Course | ECONOMIC THEORY |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Brian Mike |
| File Type | |
| Pages | 115 Pages |
| File Size | 1.05 MB |
| Views | 2331 |
| Downloads | 0 |
| Price: |
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Description
In this unit you will be introduced to the major macroeconomic theory paying
attention to their applicability in different settings of developing countries. The
general objectives of this unit may be summarized as follows: Explain the meaning of macroeconomic models. Detect strengths and weaknesses of macroeconomic models. Explain how macroeconomic models may be used for proper management of
an economy. Teach macroeconomics after your degree course; and Prepare yourself for more advance studies in economic theory.
Below is the document preview.
LABOUR ECONOMICS
Economics is the social science that studies how individuals, businesses, governments, and societies allocate limited resources to fulfill their unlimited wants and needs. It examines how people make decisions in various situations involving the production, distribution, and consumption of goods and services.
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