This module covers the basic principles of macroeconomics.  It examines the economy as a whole and explains how economic events households, firms and government.

Learning Outcomes

  1. Demonstrate a basic knowledge and comprehension of macroeconomic theory and concepts such as circular flow, economic growth, inflation, unemployment, and open-economy macroeconomics.

  2. Calculate and discuss data such as national income, inflation and unemployment that economists and policymakers use to measure the performance of the overall economy

  3. Display problem-solving skills in macroeconomics by analysing, discussing and applying economic models to the business environment.

  4. Discuss the economic role of government, fiscal and monetary policy and identify policy options, and assess implications for growth and efficiency.

  5. Demonstrate an ability to apply macroeconomic theory to a range of economic problems and effectively communicate their analysis.

% Coursework 30%
% Final Exam 70%