- Module code: EC108
- Module name: Macroeconomics 1
- Department: Economics
- Credit: 30
Module content and teaching
To introduce the student to the fundamental determinants of national income, employment, the price level and the foreign balance in the short and long run within a framework of active learning of economic theory and modelling.
Principal learning outcomes
By the end of the module, the student will be expected to have acquired familiarity with a range of macroeconomic issues in breadth and in depth. Learning in breadth involves familiarisation with the language of macroeconomics, the measurement of macroeconomic aggregates, recent trends in macroeconomic variables, and issues in macroeconomic policy. Learning in depth involves the capacity to apply theory to the solution of macroeconomic problems by postulating simple structural models, including definitions, assumptions, and behavioural characteristics of economic agents, using a combination of mathematical and graphical techniques.
Timetabled teaching activities
40 Lecture hours and 16 Support and Feedback classes.
|Assessment group||Assessment name||Percentage|
|30 CATS (Module code: EC108-30)|
|D1 (Assessed/examined work)||Test||10%|
|3-hour examination (Summer)||80%|
|VA (Visiting students only)||100% assessed Visiting/Exchange PART YEAR ONLY||100%|
This module is available on the following courses:
- Undergraduate Economics 3 Year Variants (L100) - Year 1
- Undergraduate Economics 3 Year Variants (L116) - Year 1