Description
BECC–134 also contains four blocks. The first block covers IS-LM analysis, which includes equilibrium in the real and monetary sectors. The second section provides knowledge about GDP and price level in the short-run and long-run, and the aggregate supply. In the third block, students learn things such as inflation and its concepts, types, measurements, causes and effects, and unemployment. The last unit of BECC–134 teaches students about the balance of payments and exchange rate. unemployment, Philips’s curve,