Y1 - Macroeconomics

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Lectures

Week 1

Maastricht University · Economics and Business Economics

Y1 - Macroeconomics

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course structure
introduction : 3 different skills
requirements
tutorials
what is macro economics
chapter 2
macroeconomics and the scientific method
structure of macroeconomics
Gross Domestic Products GDP
GDP expenditure approach
GDP expenditure as income
National Income Accounting Identities
what does GDP not measure
GDP nominal
GDP real
business cycles
summary : short medium and long run
inflation rate
two types of price index ( CPI )
the short run ( chapter 3-6)
composition of GDP : expenditure approach
identity equations

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