National Economy and Growth
Training Provider: Singapore University of Social Sciences
Course Reference: TGS-2024047227
S$1,461
About This Course
Illustrate the concepts of national output and income, unemployment, growth, and business cycles
Examine the labour market
Discuss the long-run growth theories
Apply the IS-LM approach and the Aggregate Demand/Aggregate Supply approach to solve for equilibrium output in the (open) macroeconomy
Analyse effects of fiscal and monetary policies
Infer the monetary market in relation to savings, investments, and inflation
What You'll Learn
ECO205 National Economy and Growth examines macroeconomic and growth issues. Students will first learn about the components and concerns of the macroeconomy, including the topics of Gross National Product (GDP), unemployment, inflation, and growth. The macroeconomy will then be explored using two key approaches: the Aggregate Expenditure approach and the Aggregate Demand/Aggregate Supply approach. Using these models, students will learn to evaluate the effects of fiscal policies such as taxes and government expenditure, and monetary policies including interest rate adjustments. The labour market, long run growth theories, international economy, and the contemporary issues of growth in developing countries will also be covered.
Course Details
Back to All Courses
Note: To apply for this course, visit or contact the training provider directly.
More Courses from Singapore University of Social Sciences
This 'Person-of-the-Therapist' (POTT) training model is designed for practicing counsellors, psychol...
Singapore has a growing and vibrant electronics industry that generated more than $131 billion of ou...
The (SCTP) Certificate in Facilities Management is a 6-month, practice-oriented programme designed t...