The Higher Canadian Institute for Business
and Engineering Technology
Quality Assurance Unit
Course Specification
Course Title: Principle of Macroeconomics
Course Code: BADM 108
I. Basic Course Information
Program(s) on which the course is given: Business Administration
Core or Elective element of program Core:
Department offering the course: Business
Academic level:1stLevel
Semester in which course is offered: Spring
Course pre-requisite(s): BADM 104
Credit Hours: 3
Contact Hours Through: 5
Lecture
3.0
Tutorial*
2.0
Practical*
0.0
Total
5.0
Approval date of course specification:January 2014
II. Overall Aims of Course
This course provides a background for an economic system as a whole. The course
emphasis on the study of national income and price-level determination, and also the
course focus on the following topics: familiarity with economic performance measures,
the financial sector, stabilization policies, economic growth, and international
economics.
III. Program ILOs covered by course
Program Intended Learning Outcomes (By Code)
Knowledge &
Intellectual Skills
Professional Skills
Understanding
K2, K3, K10
I1, I2, I9
P2, P11, P18
General
Skills
G1, G2, G6
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The Higher Canadian Institute for Business
and Engineering Technology
Quality Assurance Unit
Course Specification
IV. Intended Learning Outcomes of Course (ILOs)
a. Knowledge and Understanding
Upon Completion of the course, students should be able to:
K.1 Explain what makes potential GDP grow and the sources of labor productivity
growth.
K.2 Describe how governments influence financial markets.
K.3 Define money and describe its functions.
K.4 Recognize how the exchange rate is determined, and describe interest rate
parity and purchasing power parity.
K.5 Describe the alternative exchange rate policies and explain their effects.
K.6Discuss what determines aggregate supply and aggregate demand.
K.7 Explain how expenditure plans are determined when the price level is fixed.
K.8 Explain fiscal and monetary policies
b. Intellectual/Cognitive Skills
Upon Completion of the course, students should be able to:
I.1 Calculate the economic growth rate and the implication of sustained growth
I.2 Distinguish between international borrowing and lending and how they
influence financial markets.
I.3 Examine how the quantity of money influences the price level and the inflation
rate.
I.4 Analyze how real GDP and the price level are examined and what causes
growth, inflation, and cycles.
I.5 Forecast the relationship between aggregate expenditure and aggregate demand.
I.6 Analyze how demand-pull and cost-push forces bring cycles in inflation and
output.
c. Practical/Professional Skills
Upon Completion of the course, students should be able to:
P.1 Discuss the theories of economic growth and policies to increase its rate.
P.2 Demonstrate the flows of funds in financial markets and the circular flow of
expenditure and income.
P.3 Illustrate how the banking system creates money and what determines the
quantity of money and the nominal interest rate.
P.4 Illustrate the balance of payments accounts and what causes an international
deficit.
P.5 Infer the short-run and long-run tradeoff between inflation and unemployment.
d. General and Transferable Skills
Upon Completion of the course, students should be able to:
G.1Apply research on what are the affects of economic in decision making
G.2Share information with the team members.
G.3Present the research findings and share information with the whole class
2
The Higher Canadian Institute for Business
and Engineering Technology
Quality Assurance Unit
Course Specification
V. Course Matrix Contents
Main Topics / Chapters
1- Economic Growth
2345678-
Finance, Saving, and
Investment
Money, The price level, and
Inflation
The exchange rate and the
balance of payment
Aggregate supply and
aggregate demand
Expenditure Multipliers
Inflation, Jobs, and the
business cycle
Fiscal Policy and Monetary
Policy
9- Presentation
Duration
(Weeks)
Course ILOs Covered by Topic
(By ILO Code)
K&U
I.S.
P.S.
G.S.
2
K1
I1
P1
2
K2
I2
P2
2
K3
I3
P3
1
K4, K5
2
K6
I4
1
K7
I5
1
1
P4
I6
P5
K8
G1,G2,
G3
1
Net Teaching Weeks
13
VI. Course Weekly Detailed Topics / hours / ILOs
Week
No.
1
2
3
4
5
6
7
8
Sub-Topics
Total
Hours
Economic Growth & Potential GDP
3
Labor productivity growth & Theories of
5
economic growth
Demonstrate the flows of funds in
5
financial market, expenditure & income
Distinguish between international
borrowing and lending and how they
5
influence financial markets
How the banking system creates money
and what determines the quantity of
5
money and the nominal interest rate
Explain how the quantity of money
influences the price level and the
5
inflation rate
Midterm Exam
Recognize how the exchange rate is
determined, the exchange rate policies
5
and the balance of payments
Contact Hours
Theoretical
Practical
Hours
Hours*
3
3
2
3
2
3
2
3
2
3
2
3
2
3
The Higher Canadian Institute for Business
and Engineering Technology
Quality Assurance Unit
Course Specification
9
10
11
12
13
14
15
What determines aggregate supply and
5
aggregate demand
Analyze how real GDP and the price
level are examined and what causes
5
growth, inflation, and cycles
How expenditure plans are determined
5
when the price level is fixed
Analyze how demand-pull and cost-push
forces bring cycles in inflation and
output, and illustration the short-run and
5
long-run tradeoff between inflation and
unemployment
Describe the fiscal policy and the
5
monetary policy
Presentation
3
Final Exam
Total Teaching Hours
61
3
2
3
2
3
2
3
2
3
2
3
Teaching/Learning
Method
Lectures & Seminars
Tutorials
Computer lab Sessions
Practical lab Work
Reading Materials
Web-site Searches
Research & Reporting
Problem Solving /
Problem-based Learning
Projects
Independent Work
Group Work
Case Studies
Presentations
Simulation Analysis
Selected
Method
VII. Teaching and Learning Methods
√
√
Course ILOs Covered by Method (By ILO Code)
K&U
All
All
Intellectual
Skills
All
All
Professional
Skills
All
All
General
Skills
G2
G2
√
All
√
All
Others (Specify):
4
The Higher Canadian Institute for Business
and Engineering Technology
Quality Assurance Unit
Course Specification
Selected
Method
VIII. Assessment Methods, Schedule and Grade Distribution
Course ILOs Covered by Method
(By ILO Code)
Assessment
Method
K&U
I.S.
P.S.
G.S.
K1, K2,
K3
All
K1, K2
P1, P2,
P3
All
P1
Assessment
Weight /
Percentage
Week
No.
20%
7
50%
10%
15
4
Midterm Exam
√
Final Exam
Quizzes
Course Work
√
√
Report Writing
√
G1, G2,
G3
10%
13
√
G2, G3
5%
14
Case Study
Analysis
Oral
Presentations
Practical
Group Project
Individual Project
Others
(Participation):
I1, I2, I3
All
I1
√
G2
G2
5%
IX. List of References
Required Text Books
Michael Parkin, 1. e. Macroeconomics. OH,USA : Pearson
Education, Limited, 2013.


Recommended books 
Periodicals, Web sites, 
etc …
Course notes
PowerPoint (Slides from the CMS)
X. Facilities required for teaching and learning
Data show
Course coordinator: Dr. DoaaWafik
Head of Department: Dr/Dina Krema
Date: January 2014
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