COURSE INFORMATION Course Title: APPLIED MACROECONOMICS

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
BAF 507	C	3	3	0	0	3	6

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Naqeeb Ur Rehman
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Elective
Classroom and Meeting Time:	6-8:30pm
Course Description:	-
Course Objectives:	This course introduces the macroeconomic theories to understand their applications and relating to the real world. This course will increase the student critical understanding of different macroeconomic theories such as monetary and fiscal policy.

COURSE OUTLINE

Week	Topics
1	Introduction
2	Aggregate demand, multiplier, automatic stabilizers
3	Monetary policy, IS/LM curves
4	Monetary policy (cont.)
5	Consumption and investment analysis
6	Unemployment
7	Inflation
8	International trade
9	International trade
10	Project presentation
11	Project presentation
12	Project presentation
13	Project presentation
14	Review Session

Prerequisite(s):	BAF 511 APPLIED MACROECONOMICS
Textbook:	Lipsey and Chrystal (2011). Economics, 12th Edition, Oxford Publisher
Other References:
Laboratory Work:
Computer Usage:
Others:	No

COURSE LEARNING OUTCOMES

1	Aggregate demand and supply side of the economy.
2	This course also provide knowledge on monetary policy to control inflation and unemployment
3	Critically evaluate the IS/LM curves
4	Types of unemployment
5	Phillip curve
6	How inflation can be controlled?
7	International trade
8	Project presentations
9	Project presentation
10	Presentations

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Professional Master in Banking and Finance Program
1	The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way.	4
2	They have knowledge about the finance and banking.	4
3	They have knowledge about the money and banking.	4
4	They have knowledge about the international finance and banking.	4
5	They have ability to use mathematical and statistical methods in banking and finance.	4
6	They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department.	5
7	They have necessary banking and finance skills that needed in private and public sector.	4
8	They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking.	4
9	They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance.	4
10	They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics.	4

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Project	1	30
Quiz	1	15
Final Exam	1	50
Attendance		5
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	12	2	24
Mid-terms	1	8	8
Assignments	1	15	15
Final examination	1	42	42
Other	1	13	13
Total Work Load:			150
Total Work Load/25(h):			6
ECTS Credit of the Course:			6