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Course DescriptionThis course is an introduction to macroeconomic analysis and its application, where relevant to the Middle East, the Gulf States and the UAE. The course discusses how the size, composition and distribution of national income are determined, and goes on to explore the problems of inflation and unemployment in a modern economy. The course introduces students to the role of fiscal and monetary policy in the economy and the implications of such government policies. Students will also learn about what drives economic growth and the ups and downs of the business cycle, as well as understanding the importance of international linkages through trade and investment in a globalized world through trade and investment flows.
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