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Diploma

Macroeconomics

The primary goal is to introduce macroeconomic analysis tools, applying them to achieve stability and growth. Students will gain the skills to use macroeconomic tools for rigorous analysis of diverse models and policies.

Code BSMS2208
Credits 4 Credits
Type Diploma
Prerequisites None
12-Week Roadmap

Course Structure & Syllabus

For details of standard term assessment timelines and exam structures, visit our Academics page.

WEEK 1
Macroeconomic measurement
WEEK 2
Inflation
WEEK 3
Unemployment
WEEK 4
Aggregate Demand and fluctuations
Reading List

Prescribed Books & References

  • Gregory Mankiw (2022) Macroeconomics, Macmillan learning,11th Edition,
  • Goodwin, N., Harris, J., Nelson, J., Rajkarnikar, P., Roach, B., Torras, M. (2023), Macroeconomics in Context, 4th Edition, Routledge.
  • Stephen Williamson (2018) Macroeconomics, Pearson, 6th Edition.
Faculty & Experts

About the Instructors

Dr. L. Prakash Sai

Dr. L. Prakash Sai

Professor , Department of Management Studies , IIT Madras

Dr. Prakash Sai is a Professor of Strategy with Department of Management Studies, IIT Madras. He specializes in the broad domains of Technology Management & Innovation, Strategy & Policy Studies and Technopreneurship. In a career spanning three decades, he contributed to the growth, profitability and sustainability of several firms in public and private sectors through his consulting work and training programs. He served Tata Consultancy Services (TCS) for over a decade in various capacities as Management Consultant, Business Development Manager and Director (Strategic Planning), North America Operations having USD 1.5 billion revenue. He served as a Visiting Faculty at University of Applied Sciences, Hof, Germany and University of Passau, Germany, Nagaoka University of Technology, Japan, Harare Institute of Technology, Zimbabwe and University of Mauritius. He guided 15 Ph.D. theses and 9 MS theses; published research articles in international journals and co-authored a book, entitled: “Total Quality Management in Higher Education”. He holds B.Tech. Mechanical Engineering, M.Tech. Industrial Engineering, from Sri Venkateswara University, Tirupati; and Ph.D. in Technology Management from IIT Madras.