Principles of Macroeconomics

Learning Outcomes

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• recognise what should be taken as given for the analysis of fiscal and monetary policies
• identify the essential features of the macroeconomy and set out a useable framework for the evaluation of the effects of macroeconomic policy and exogenous shocks.

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• the application of core economic theory and reasoning to applied topics in macroeconomics and the analysis of fiscal and monetary policy
• the fundamental analytical methods in macroeconomics
• the fundamental theoretical and practical concepts of macroeconomics

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• communicate economic arguments and quantitative reasoning in diagrams and in writing

1.What is Macroeconomics?

2.Inflation and Unemployment

3.Economic Growth

4.The Financial System

5.Money and Banking

6.Fiscal Policy

7.Monetary Policy

Lectures and tutorial classes

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.