1 | Explain the theories of labor, government budget, expectations, Aggregate demand and supply
and the applications of those theories; discuss the weak and strong sides of the abovementioned theories
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2 | Explain macroeconomic policies and the transmission mechanisms of those policies. |
3 | Measure the effects of macroeconomic policies on macroeconomic variables and evaluate the effectiveness of the policies. |
4 | Explain the different effects of monetary and fiscal policies on macro variables under closed and open economies; provide theoretical and empirical evidence regarding the efficiency of the policies. |
5 | Analyze the reasons of wage differences among sectors and counries |
6 | Provide solutions to the problems in labor markets |