Block 1 – IS-LM Analysis
Equilibrium in the Real Sector
Equilibrium in the Monetary Sector
Neoclassical Synthesis
Block 2 – GDP and Price Level in Short-Run and Long-Run
Aggregate Demand
Aggregate Supply
Equilibrium Output and Prices
Block 3 – Inflation and Unemployment
Inflation: Concept, Types and Measurement
Causes and Effects of Inflation
Phillips Curve
Block 4 – Balance of Payments and Exchange Rate
Balance of Payments
Exchange Rate Determination
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