Macro Economics National Income: Concepts and Measurement Determination of output and employment: Classical & Keynesian Approach Consumption Function Investment Function Multiplier and Accelerator Demand for Money Supply of Money IS – LM Model Approach -2- Inflation and Phillips Curve Analysis Business Cycles Monetary and Fiscal Policy Rational Expectation Hypothesis and its critique SMALL OPEN ECONOMY LARGE OPEN ECONOMY MUDEL FLAMMING MODEL