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| Module Availability |
| Spring |
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| Assessment Pattern |
| Unit(s) of Assessement |
Weighting Towards Module
Mark (%)
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| 2 hour Examination |
70
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| Coursework test 1 (week 5) |
10
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| Coursework test 2 (week 10) |
20
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Qualifying Condition(s)
A weighted aggregate mark of 40% is required to pass this module |
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| Module Overview |
| Introduction to Macroeconomic theory and policy |
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| Prerequisites/Co-requisites |
| None |
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| 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 |
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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
- 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
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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 IS/LM model
- 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 (11) and Tutorials (5)
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. 'Macroeconomics', European Edition, 6th edition, Palgrave MacMillan
Blanchard, O., Giavazzi, F., Amighini, A. 'Macroeconomics, a European Perspective', Pearson, 2010 |
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| Last Updated |
10 March 2011 |
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