1 | Explain different growth theories |
2 | Analyzes how households make their optimal choices of their consumption and labor supply and how their choices affect the other macroeconomic variables |
3 | Explain how firms make their optimal choices of labor demand and profit maximization and how their choices affect the other macroeconomic variables |
4 | Explain the theories regarding consumption and labor supply |
5 | Explain the relationship among saving, labor supply, leisure and consumption |
6 | Explain the reason of economic fluctuations and provide possible alternative solution to stabilize the fluctuations. |