1. Introductory Macroeconomics
Learning Outcome Assessment 1 ASSE Section 204
Introductory Macroeconomics
Alaa AlGhamdi
Deena Jokhdar
Sarah AlSughaiyer

2. Outline Part one: Basic concepts Chapter 1 Overview of Macroeconomics
Chapter The modern mixed economy
Chapter Basic concepts of supply and demand
Part two: Macroeconomics: Economic growth and business cycle
Chapter Overview of macroeconomics
Chapter Measuring economic growth
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3. Introduction
Economics a powerful word that controls everything that happens around you either it was your whole country or the things that happens inside it. Macroeconomics is what happens in the country as a whole that why its an important subject for students to learn about because it effects your daily life and will let you understand what is going in the world.
The book of Macroeconomics was designed to make this subject more simpler and interesting for students , which will help them to learn, understand and love the Macroeconomics terminology.

4. Chapter 1 Overview of Macroeconomics
Alaa AlGhamdi
Deena Jokhdar
Sarah AlSughaiyer

5. Goals of Macroeconomics:
Economic Literacy: after reading this book the student would be able to understand and articulate the core principles of Macroeconomics.
Economic Numeracy: they’ll be familiar with the tools, concepts and methods of empirical economics and macroeconomics specifically.
Upon completion of the major students should be able to apply their understanding of core concepts and quantitative tools to analyze and research real world problems and evaluate alternative economic policy proposals on macroeconomic issues.

6. Objectives of Macroeconomics:
The student will be able to describe the main macroeconomic theories of short term fluctuations and long term growth of the economy.
The student will have the ability to critically judge the consequence of basic macroeconomic policy options under different economic conditions within a business cycle.
The student will be able to identify the determinants of different macroeconomic aggregates and the major challenges with the measures of aggregate demand and aggregate supply.

7. Focus Chapter: Chapter 1: Overview of Macroeconomics
What is macroeconomics?
Key Concepts of Macroeconomics.
Measuring Economic Success.
Aggregate Demand and Aggregate Supply.
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8. What is macroeconomics?
Macroeconomics is the study of the behavior of the economy as a whole. It examines the forces that affect the firms, consumers, and workers in aggregate. Where Microeconomics focuses on individual prices, quantities and markets.
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9. Aggregate Demand and Aggregate Supply
Aggregate supply refers to the total quantity of goods and services that the nation’s businesses willingly produce and sell in a given period of time. Aggregate supply depends on the price level, production capacity, and the level of cost. Aggregate demand refers to the total amount that different sectors in the economy willingly spend in a given period of time.
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10. Sample pages
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11. Sample exercise / activity:
“Determine where is the supply and demand in this figure?
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12. Would we use this book
Yes we are going to use the book, as a main reference because it contains a lot of useful information about economics using a simple terms.
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13. BOOK WE RECOMMEND
ECONOMICS BY PAUL A. SAMUELSON.