Economics
Approved course information last updated: 1 year, 7 months ago
Pre-requisites: None
Requisite To: None
Lab Session:
This course has two main parts. Part i is an empirical application that includes topics like: the expectations-augmented phillips curve, estimation of a two-equation macro model with rational expectations, and applications of parameter estimation in structural and reduced form equations of small macro-econometric models. On the other hand, part ii will include topics and applications to the kuwaiti economy like: current goals and instruments of macro-economic policy in kuwait, kuwait’s recent macroeconomic performance and the macroeconomic reform, and the kuwait financial system.
- Analyze policies related to the macroeconomic level.
- Analyze the economic effects of government policies and identify and interpret key leading and lagging economic indicators.
- Understand the issue of forecasting inflation and the importance of its accuracy.
- Presenting a research paper in one of the macroeconomic fields making sure that all elements of the research are covered.