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Not available in 2020/21
EC1B3      Half Unit
Macroeconomics I

This information is for the 2020/21 session.

Teacher responsible

TBC

Availability

This course is compulsory on the BSc in Actuarial Science, BSc in Economics and Economic History, BSc in Environmental Policy with Economics, BSc in Finance, BSc in Financial Mathematics and Statistics, BSc in Geography with Economics, BSc in International Social and Public Policy and Economics, BSc in Management, BSc in Mathematics and Economics, BSc in Mathematics with Economics, BSc in Philosophy and Economics, BSc in Philosophy, Politics and Economics and BSc in Politics and Economics. This course is available on the BA in Geography, BSc in Accounting and Finance, BSc in Economic History and Geography, BSc in Environment and Development, BSc in Mathematics, Statistics and Business, BSc in Politics and BSc in Politics and International Relations. This course is available as an outside option to students on other programmes where regulations permit. This course is available with permission to General Course students.

Pre-requisites

Students must have completed Microeconomics I (EC1A3).

A-level mathematics

Course content

This course is an introductory course in macroeconomics, which is the study of the overall economic performance of countries. You will learn about economic growth, business cycles (booms and recessions), monetary and fiscal policy, unemployment, inequality, inflation, financial crises, and sovereign debt crises. We will apply the tools developed in the course to historical and contemporary events.

Teaching

20 hours of lectures and 10 hours of classes in the LT.

Formative coursework

There are weekly assignments and feedback will be given on two

Indicative reading

  • Macroeconomics, Gregory Mankiw.
  • Economics – Daron Acemoglu, David I. Laibson, John A. List

Assessment

Exam (100%, duration: 2 hours) in the summer exam period.

Important information in response to COVID-19

Please note that during 2020/21 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the situation of students in attendance on campus and those studying online during the early part of the academic year. For assessment, this may involve changes to mode of delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.

Key facts

Department: Economics

Total students 2019/20: Unavailable

Average class size 2019/20: Unavailable

Capped 2019/20: No

Value: Half Unit

Personal development skills

  • Self-management
  • Team working
  • Problem solving
  • Communication