BUSINESS ADMINISTRATION (ENGLISH) PROGRAMME COURSE DESCRIPTION
Name of the Course Unit	Code	Year	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
INTRODUCTION TO ECONOMICS II	ECO102	1	2	3+0	3.0	7.0

Objectives and Contents
Objectives of the Course Unit	1. To understand the issue of macroeconomic measurement and the different concepts of National Income Accounting (GDP, GNP). 2. To evaluate the impact of monetary and fiscal policies on macroeconomic variables such as employment, inflation, interest rate, price level, demand and supply. 3. To understand the working of various macroeconomic models (AD-AS model). 4. To understand the economic institutions behind the macroeconomic performance. 5. To promote critical thinking in areas of macroeconomic theory and macroeconomic policy. 6. To understand the causes and the consequences of economic fluctuation (Business Cycle).
Contents of the Course Unit	Introduction to Economics II is a introductory course in macroeconomics. The primary objective of this course is to enable students appreciate the “economic way of thinking”. This course explains the forces affecting national economies: variation in money and interest, income, productivity, employment, prices, inflation. Explain tools and models necessary for analysis (AD-AS model). In addition examines monetary and fiscal theories and policies, explain the role governments plays in the national and international economies as a result of monetary and fiscal policies through the exercise of its regulatory power. Also give understanding of the performance and the structure of the economy, through analyzing GDP (GNP), balance of payments, sectoral structure of the economy.
Contribution of the Course Intending to Provide the Professional Education	It is a key discipline in the profession.