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| Module Availability |
All year
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| Assessment Pattern |
| Unit(s) of Assessment |
Weighting Towards Module Mark (%) |
| 2 Hour Examination |
70 |
| Coursework |
30 |
Qualifying Condition(s)
A weighted aggregated mark of 40% is required to pass the module. |
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| Module Overview |
| Introduction to macroeconomics theory and policy. |
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| Prerequisites/Co-requisites |
| None |
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| Module Aims |
| To introduce studetns to the key analytical tools used in macroeconomic. Although no prior knowledge of macroeconomics is assumed, the module will add to the knowledge base of students who have already undertaken an A-level equivalent module. The module requires students to pursue independant study, to analyse specific problems from economics theory and to develop study, presentational and discursive skills in the context of applied economics questions. |
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| Learning Outcomes |
By the end of the module students will:-
- Have a sound grasp of macroeconomic analysis at the introductory level;
- Appreciate how this analysis may be applied to economic problems;
- Have a foundation for the intermediate analysis to be encountered in Level 2 of the programme.
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| Module Content |
The following is an indication of the likely topics to be covered:-
- Macroeconomic data
- The real economy in the long run
- Money and prices in the long run
- The open economy
- Short-run economic fluctuations and stabilisation policy
- The short-run trade-off between unemployment and inflation
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| Methods of Teaching/Learning |
Lectures (40 hrs) and classes (10 hrs)
Readings using lecturers' guidance
Responding to questions in class
Preparing and taking part in the coursework tests
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| Selected Texts/Journals |
Mankiw, N.G. and M.P. Taylor 'Economics', Thomson, 2006.
There are student resources available online at:
http://www.cengage.co.uk/mankiw_taylor/students/stu_title.htm
Krugman, Wells and Graddy, Economics, Worth 2008 |
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| Last Updated |
28 September 2010
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