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2011/2 Provisional Module Catalogue - UNDER CONSTRUCTION & SUBJECT TO CHANGE
 Module Code: ECO1019 Module Title: PRINCIPLES OF MACROECONOMICS
Module Provider: Economics Short Name: ECO1019
Level: HE1 Module Co-ordinator:
Number of credits: 15 Number of ECTS credits: 7.5
 
Module Availability
Spring
Assessment Pattern
Unit(s) of Assessement 

Weighting Towards Module 
Mark (%)

2 hour Examination

70

Coursework test 1 (week 5)

10

Coursework test 2 (week 10)

20


Qualifying Condition(s)
A weighted aggregate mark of 40% is required to pass this module
Module Overview
Introduction to Macroeconomic theory and policy
Prerequisites/Co-requisites
None
Module Aims
To introduce students to the key analytical tools used in macroeconomics. The module will add to the knowledge base of students who have taken Introduction to Economics. The module requires students to pursue independent study, to analyse specific problems from economics theory and to develop study, presentational and discursive skills in the context of aplied economics questions
Learning Outcomes

By the end of the module students will:-

  • have a sound grasp of macroeconomic analysis at the introductory level
  • apreciate how this analysis may be applied to economic problems
  • be well prepared for the intermediate analysis to be encountered in Level 2 of the programme
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 IS/LM model
  • the open economy
  • short-run economic fluctuations and stabilisation policy
  • the short-run trade-off between unemployment and inflation
Methods of Teaching/Learning

Lectures (11) and Tutorials (5)
Readings using lecturers guidance
Responding to questions in class
Preparing and taking part in the coursework tests

Selected Texts/Journals
Mankiw, N.G. 'Macroeconomics', European Edition, 6th edition, Palgrave MacMillan
Blanchard, O., Giavazzi, F., Amighini, A. 'Macroeconomics, a European Perspective', Pearson, 2010
Last Updated

10 March 2011