•Fully comprehend the difference between macroeconomics for developed and developing countries;
•Distinguish clearly between alternative theories and models of economic growth, including classical, neo-classical, endogenous growth and increasing returns, and their relevance to developing countries;
•Use graphical and mathematical techniques to analyse instability and macroeconomic adjustment in models of developing countries; and
•Critically analyze prudential macroeconomic policies in a a developing country, with diverse monetary and fiscal policy frameworks.